debt before declaring homestead

[Mcor7]

I am correct that if you have 60k in credit card dept and you file for homestead after the accumulation of this debt, the homestead will not protect your home from this debt?

[Pandora]

http://www.sec.state.ma.us/rod/rodhom/homidx.htm

read through here as it applies to your state. Note the sections entitled:

Is there anything I will not be protected from? as well as

How does the Homestead Declaration help protect a home against unsecured creditors in bankruptcy proceedings?