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  2. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    Florida's homestead exemption allows an exemption of 160 acres outside of a municipality and one-half an acre inside a municipality. [7] Kentucky, for 2019 and 2020, the exemption has been set at $39,300. Once it is approved, homeowners who are 65 or older do not need to reapply for the homestead exemption each year. [8]

  3. Exempt property - Wikipedia

    en.wikipedia.org/wiki/Exempt_property

    This is important within the bankruptcy process, and may affect an individual's decision to file Chapter 7 or Chapter 13 bankruptcy. State exemptions vary from strict to generous. For example, Texas is more lenient in allowing your homestead and up to $60,000 in personal property. [1] Texas also exempts certain investments and insurance policies.

  4. Homestead Exemption: What It Means and How To Qualify - AOL

    www.aol.com/homestead-exemption-means-qualify...

    A homestead exemption is a legal mandate. It helps protect a home from seizure by creditors following a declaration of bankruptcy or the death of a spouse with ownership interest.

  5. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    Under the new law, the homestead exemption, which allows bankruptcy filers in some states to exempt the value of their homes from creditors, is limited in various ways. If a filer acquired their home less than 1,215 days (40 months) before filing, or if they have been convicted of security law violations or been found guilty of certain crimes ...

  6. How Does Bankruptcy Affect Your HELOC? - AOL

    www.aol.com/finance/does-bankruptcy-affect-heloc...

    Most states have homestead exemptions, which protects a portion of your home’s equity from creditors and other liens or claims in case of bankruptcy. However, the dollar amount of the exemption ...

  7. What Is a Homestead Exemption on Your Taxes? - AOL

    www.aol.com/finance/homestead-exemption-taxes...

    Learn how the homestead exemption can protect your home. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...

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