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Bankruptcy

: The Debt Podcast

Seventh Circuit limits Illinois Homestead Exemption

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The US Court of Appeals for the Seventh Circuit has just decided that Illinois residents cannot claim a homestead exemption on a house in which they live unless they have some record title interest in the property.  In re Belcher, (7th Cir. 07- 2174, December 31, 2008).   Often, one spouse may hold title to a [...]

Full post as published by The Debt Podcast on January 05, 2009 (boomark / email).

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