Legal Question in Credit and Debt Law in South Carolina
Can someone take my home because of a default in student loans?
Asked on 8/14/10, 7:37 am
1 Answer from Attorneys
John Jackson
Law Office of John A. Jackson, P.C.
It depends on the value and equity in your home. There is a pretty good homestead exemption here in South Carolina. However, if you are sued and they get a judgment against you then they have a lien on your home that you would need to pay off before your home could be sold.
Answered on 8/21/10, 2:16 pm
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