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Question is unclear. If your particular state allows for "homesteading" it is my understanding that the 'homesteaded' property cannot be seized in bankruptcy or lien action.
AnswerThe limits under Homestead Protection Acts vary from state to state. In some states the primary residence is protected. In Some states the protection for the primary residence is limited to a dollar amount. For example, the protection in Massachusetts is limited to $500,000.
What else can I help you with?
What state was the site of the homestead strike in?
The Homestead Strike occurred in Homestead, Pennsylvania.
What is the difference between Homestead Exemption and Homestead Declaration?
In some states, the homestead exemption is automatic -- that is, if you live in your house, then the homestead law applies automatically. In other states, you must file a "Homestead Declaration" in order to put potential creditors on notice that the house is your primary residence. If you file the Homestead Declaration, then you are entitled to the protections of the homestead law. If you don't file the Homestead Declaration, then you're not.
Where is the Homestead Branch Library in Homestead located?
The address of the Homestead Branch Library is: 700 North Homestead Blvd., Homestead, 33030 6212
TN homestead exemption?
The TN homestead exemption stand for the Tennessee homestead exemption. The Tennessee homestead exemption protects some of the home equity when bankruptcy is being filed.
When was Buckley Homestead created?
Buckley Homestead was created in 1853.
When was Hosmer Homestead created?
Hosmer Homestead was created in 1710.
When was Homestead Technologies created?
Homestead Technologies was created in 1997.
When was Harner Homestead created?
Harner Homestead was created in 1852.
When was Parker Homestead created?
Parker Homestead was created in 1667.
When was DeFreest Homestead created?
DeFreest Homestead was created in 1765.
When was Booth Homestead created?
Booth Homestead was created in 1853.
When was Reed Homestead created?
Reed Homestead was created in 1809.
