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Real Estate & Property Law

: The Home Equity Theft Reporter

$150K Homestead Exemption From Forced Sale Remains Intact For California Homeowner Retaining Possession Of Premises Despite Title Transfer To Another

By r morris

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A California Court of Appeals addressing several legal issues relating to a judgment creditor's attempt to snatch away a judgment debtor's home through a forced sale decided, among other things, that the debtor is entitled to shelter $150,000 of equity from the creditor pursuant to the state's homestead exemption laws, despite the fact that she transferred the legal title to another. The court

Full post as published by The Home Equity Theft Reporter on May 20, 2010 (boomark / email).

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