Selling property with a judgement against you.
I own a home with about 75,000 equity in it. I have a judgement against me for 85,000. Does the home exemption law have a limit to how much equity they can retain at closing. Will I be able to keep my 75,000 if I buy another home but put it in my kids name? What is the difference between homestead exemption and declared homestead?
Thank you.
