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How can I protect my home from creditors?
Check with your state. It may provide special protection through the filing of a homestead exemption, which exempts some or all of the value of your equity in the homestead – the home that you live in and the land on which it sits – from claims of unsecured creditors.
Whether to file a homestead exemption will depend on your situation. Contact your county recorder’s office for details.
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Looking for fresh, daily content for your blog, newsletter or website? REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 per month! Visit resource.rismedia.com now and get publishing today!
RISMedia welcomes your comments and questions. Email realestatemagazinefeedback@rismedia.com.
Categories: Consumer News and Advice, Financing a Home
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