Could we apply the $ 15379 of homestead exemption we have left over towards the $ 13,000 equity in a second home?» (betterbankruptcy.com)
Evidently in this particular case, there was not enough homestead exemption on the property to cover the equity the filing debtor had in the property. (betterbankruptcy.com)
Understanding homestead exemption in bankruptcy can often be confusing to most laymen facing bankruptcy for the first time. (betterbankruptcy.com)