Hello,
What does the homestead exemption mean in laymans language?I am in South carolina,and the exemption is listed as $5000.00.Our home is jointly owned,and is worth approx.$160K.If we file BK,do we lose the Home?I am confused re:the homestead wording.Thanks in advance.
brokeone
What does the homestead exemption mean in laymans language?I am in South carolina,and the exemption is listed as $5000.00.Our home is jointly owned,and is worth approx.$160K.If we file BK,do we lose the Home?I am confused re:the homestead wording.Thanks in advance.
brokeone