Law Office of Frederic D. Grant, Jr.: Please Note: Massachusetts Homestead Act Amended

The Law Office of Frederic D. Grant, Jr.

176 Federal Street, 5th Floor (BG)

Boston, Massachusetts 02110

Telephone 617-357-6555

Telefax 617-951-3954

Law Office of Frederic D. Grant, Jr.

Practice concentrated in the areas of business litigation, debtor-creditor, bankruptcy, business reorganization matters. Hallmarks of this office are identification and focus on goals, and trying to attain identified goals in a cost-effective manner.

Please Note: Massachusetts Homestead Act Amended

The Massachusetts Homestead Act was recently amended, to increase homestead declaration protection to $500,000. Homestead declarations should normally be filed without delay, as homestead protection is generally useful only against debts arising after the declaration was filed with the registry of deeds (or against claims in bankruptcy).

As recent decisions suggest that any mortgage filed after the declaration of homestead (i.e. a refinancing) might eliminate its protection, homeowners should be sure no mortgage was filed after the homestead declaration.

For more information, see this.

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Frederic D. Grant, Jr.
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