Legal Question in Real Estate Law in Michigan

Homestead My Home

If I homestead my Michigan, will I save it from foreclosure?


Asked on 12/22/06, 7:32 pm

1 Answer from Attorneys
Rochelle Guznack Law Offices of Rochelle E. Guznack, PLLC

Re: Homestead My Home

I am unsure what you mean by homesteading a Michigan property, but having a home in Michigan as your primary residence will not stop a foreclosure. You can stop a foreclosure by refinancing the property, entering into a forbearance agreement with the lender, or filing a Chapter 13 bankruptcy (if you qualify).

Please contact me to discuss further.

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Answered on 12/27/06, 3:41 pm


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