Legal Question in Credit and Debt Law in Massachusetts
Property Siezure
I have accumulated credit card debt....and at this time am unable to pay. Can my property (house) be taken from me for non payment of this debt?
Asked on 8/04/04, 4:14 pm
1 Answer from Attorneys
David Baker
Law Office of David Baker
Re: Property Seizure
Probably not. If you recorded a Homestead Declaration when you bought the house, that PROBABLY protects it. The timing and sequence of events is important, so I can only say >probably< because I don't know those facts. Ultimately, however, if you file a bankruptcy case, the house could be protected AND you could get rid of the credit card bills. If you want more information, call me or email me. David Baker 617-367-4260
Answered on 8/04/04, 4:44 pm