nevad homestead act: Follow Up on the Nevada Homestead Act - 01/13/08 03:44 AM
We've had many inquiries lately regarding the act of filing a homestead on a primary residence as protection from credit cards debt.    The Nevada Homestead Act does not protect a homeowner from any debt that was voluntarily incurred.  This category includes mortgage financing, credit card debt, auto financing, lines of credit and Federal tax liability.  Following is a repeat of an article we published in June of 2007 that offers a explanation as well as links to print the required homestead document.
Homeowner's are advised to seek competent legal counsel  regarding the ramifications of filing a Declaration of Homestead.  This article is … (8 comments)