Legal Question in Credit and Debt Law in Texas
summary judgement
Had a loan with Beneficial. I now have a summary judgement against me for the account. If I did a 'quick' sale on my home with a private investor, could they take part of this money? I need every penny to get into another house!
Asked on 3/29/07, 11:27 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: summary judgement
Money from the sale of a homestead carries the homestead protection for up to six months. It's protected from attachment.
Just make certain it's not comingled with other non-exempt funds.
Answered on 3/30/07, 11:17 am