On December 16, 2010, Governor Deval Patrick signed a complete overhaul of the Massachusetts homestead statute. It is codified as M.G.L. c.188, as amended by Chapter 395 of the Acts of 2010. The new ...
The Massachusetts Court of Appeals determined that the G. L. c. 188, § 3 (b) (4) exemption extended to orders in the nature of support and wasn't limited to more common forms of periodic child support ...
Filing under the act limits how much of your home can be attached, seized, or sold to pay your debts (with some exceptions). The Massachusetts Homestead Act, "provides limited protection of the value ...
Question: When I recently visited my Town Office, I saw a flyer encouraging all residents to file for homestead exemption. I am a little confused because I thought this was automatic. Can you clarify ...
Every Massachusetts homeowner should be aware of the opportunities that are available for protecting the equity in the family home. A recent bankruptcy case, In re: Nealon, reminds us of one such ...
BOSTON (AP) — State officials say changes taking effect this week in the Massachusetts Homestead Act will give homeowners more protection against creditors. Under the law, homeowners can file for ...
Recently, we had a closing in our office in which we were representing the buyer and the mortgage company (this is allowed). As we began going over the 126-page document (yes, I counted them), we came ...
A document that costs $35 to file can save up to $1 million of your home’s value from creditors. It’s not too often that someone offers such substantial protection at a low cost, so homeowners should ...
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