A homestead law helps to protect you from losing your home to creditors. If you are sued for money in court and lose, the person who sued you will receive a judgment from the court. If you do not pay the judgment, they can then try to collect the judgment by garnishing your wages, having your automobile sold or by having you home sold. The homestead law protects a certain amount of your equity in your home from being taken to pay the judgment.

Among others, this form contains the following provisions:

• Parties: Identifies the parties involved in the homestead declaration
• Property Location: Defines the exact location of the property so that it may be identified
• Declaration: States that the property is the family's homestead
• Signatures: Binds the parties with their signature

This attorney-prepared packet contains:

1. Information for the Homestead Declaration;
2. Instructions for the Homestead Declaration; and
3. The Homestead Declaration

State Law Compliance: This form complies with the laws of your state