A homestead law helps to protect you from losing your home to creditors. If you are sued for money in court and lose, the person who sued you will receive a judgment from the court. If you do not pay the judgment, they can then try to collect the judgment by garnishing your wages, having your automobile sold or by having you home sold. The homestead law protects a certain amount of your equity in your home from being taken to pay the judgment. This Massachusetts Homestead Declaration is for a single non-married person. Among others, this form includes the following key provisions: - Party: Identifies the person making the homestead declaration
- Property Location: Defines the exact location of the property so that it may be identified
- Declaration: States that the property is the person's homestead
- Signatures: Binds the person with their signature
This attorney-prepared packet contains: - Information for the Homestead Declaration;
- Instructions for the Homestead Declaration; and
- The Homestead Declaration
State Law Compliance: This form complies with the laws of Massachusetts$15.95 Click To Buy |