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
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