Florida Homestead Services Helps Protect Your Home
E-Biz Wire, October 26, 2006
FORT LAUDERDALE--(E-BIZ WIRE)--October 26, 2006--
We think we are untouchable. We work good jobs, pay our taxes, and we've planned our lives.
We never think too deeply that in a single harsh instant, our lives could be changed forever; physically, emotionally and financially.
We assume way too much. A car accident. The death of a family member. Divorce. Heart attack. Loss of employment. Bankruptcy.
We just don't think about these things but maybe we should.
There's No Place Like Home
The national and local daily news has us immune to the idea that there are any small tragedies. Bombings, plane crashes, war...daily we are assaulted with these grim, "larger-than-life" realities. It is only during holidays or the "fluff" section of the news that we hear about the poor family whose Christmas tree burned down, destroying the house and all of their belongings (and the wonderful community relief effort being brought about on their behalf).
We don't hear too much about the man who is out of work from a heart attack losing his home. Nobody staged a rally in his front yard. We don't usually see women and children being tossed out onto the streets. We don't think too much about the retired couple with nowhere to go. We don't even realize that WE could be next. What's worse, most of us don't have a clue as how to protect ourselves.
Florida Homestead Services Can Protect Your Home
Under the designation of homestead laws in Florida, homeowners can file for immediate protection that will legally safeguard their homes from being seized by any creditor in court proceedings. The law differs from the Homestead Tax Exemption law which only gives a twenty-five thousand dollar reduction on the assessed value of a home for property tax purposes. The designation of homestead laws do not allow creditors to sue or place a lien on homeowners' property during the time it is protected. Most creditors will seize the opportunity to place a lien on the property if the claim is not made to set apart the home from creditors.
Filing for a Designation of Homestead not only safeguards your home, but also protects you from creditors immediately and for the life of the home in which you live. Few people are aware of this law and even fewer still know how to properly file the necessary and legally sufficient documents. That's where Florida Homestead Services (they can be reached at 954-252-9111) comes in. For a nominal fee this company will file the necessary papers to protect your property from creditors, judgments and liens and they will save you the hassle of filing the document in local circuit court. The protection begins immediately after filing, and will protect your home every year thereafter.
Filing or receiving the Designation of Homestead protection after the fact may not protect your home from previously filed writs or judgments. Divorce, job loss, bankruptcy, and
lawsuits are never part of the "plan." The smartest thing homeowners can do for themselves is to put into effect the law that will offer you protection when you need it the most.
Why not let Florida Homestead Services help?
Remember: It isn't necessary to fall on bad times to prepare for them. Protect your home equity today.