Legal Question in Real Estate Law in New York
First home
how do I protect my home from creditors. I have heard of declaration of homestead, is such a thing in ny ?
Asked on 4/02/07, 2:12 pm
1 Answer from Attorneys
Frank Pintauro
Donohue & Partners, PC
Re: First home
There is a Homestead exception. However, that only means that you get to keep $10,000 and not necessarily that your house is protected from creditors.
Answered on 4/02/07, 3:19 pm