Legal Question in Real Estate Law in Massachusetts
Protecting my home from Judgement
How do I protect my home from a judgement lien. I have homestead but that just protects me from having to sell the home to pay debtor.
Asked on 3/30/08, 2:12 pm
1 Answer from Attorneys
Re: Protecting my home from Judgement
The Judgment Lien is only good if you have more than $500K in equity. Other than making an accomodation/ settlement with lienholder, your only alternative is to either pay the judgment or file bankruptcy.
Answered on 3/30/08, 4:17 pm