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  • Why Homestead Exemptions Are Bad for Judgment Creditors

    Why Homestead Exemptions Are Bad for Judgment Creditors

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    Winning a monetary judgment allows a creditor access to certain tools for collection, tools that are not available without a judgment. One of those tools is property seizure and sale. Unfortunately, there is one thing in this regard that works to the advantage of the debtor: the homestead exemption. Most of us think of homestead…