The Homestead Act: How Can it Help Massachusetts Residents Save Their Homes?
When a person is struggling with large amounts of debt and facing the prospect of filing for bankruptcy, one of their biggest fears may be losing their home. Indeed, debtors who own their homes are often behind on their mortgage payments and are worried about foreclosure, and even those who own their homes outright may worry that selling their home is the only way they’ll have the cash to pay creditors. While losing your home is a possibility during bankruptcy, there is protection via the Massachusetts Homestead Act. To learn more about the Homestead Act in Massachusetts and for help with your bankruptcy case, call Deborah Gold-Alexander Attorney at Law today.