How to Protect Your Home’s Equity

How to Protect Your Home’s Equity

Learn about how California’s Homestead laws can help protect the equity in your home. California and many other states have homestead laws to protect families against creditors.  A homestead property is a primary residence that is exempt from claims or eviction by unsecured creditors. A homestead exemption is in effect a lien that protects a certain amount of equity in a person’s home by limiting the amount of liability for certain debts against which a home can be used to satisfy a judgment.  For instance, if a creditor tries to foreclose on your home to satisfy your debt, a certain amount...Read more