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If you owe 6000 on your credit card that you can not pay back can they force you to sell your home? |
Answer
All states have a homestead exemption which in the majority of cases will protect a primary residence from forced sale. Several states have laws directly prohibiting forced sale of a person's home. How the title of the home is held, such as Tenants In Common, Joint Tenants, and so forth is also a factor. W/O knowing the state of residency it is not possible to be more specific. A web search can be used to find the homestead exemption and other exemptions that can be used to protect personal property.... (Name of State) Bankruptcy Exemptions (these are also applicable concerning a lawsuit judgment). Please feel free to email me if I can be of further help. (Macky..macky83@juno.com)
First answer by Macky. Last edit by Macky. Contributor trust: 3078 [recommend contributor]. Question popularity: 22 [recommend question]
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