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    Homestead in CA

    Just read the headline about Madoffs wife and their home...

    Should I have my house homesteaded? Is it necessary in my situation?

    My home is upside down by alot. Can there be a judgement placed against me to sell my home. What is the worst they can do against my property?

    Thanks for any advice.

    #2
    Originally posted by humrc View Post
    Just read the headline about Madoffs wife and their home...

    Should I have my house homesteaded? Is it necessary in my situation?

    My home is upside down by alot. Can there be a judgement placed against me to sell my home. What is the worst they can do against my property?

    Thanks for any advice.
    Each state has their own homestead laws, so what Florida allows may be different than what California allows. The term homestead can mean different things in different contexts.

    This may help:

    http://www.************************/...homestead-law/

    "California Homestead Law

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