What happens to my home if I am sequestrated?

Concerned about your home during sequestration? Here’s what you need to know:
The trustee must assess your home's equity, involving a formal valuation and mortgage redemption statement. An inhibition may be placed on the property, preventing its sale without trustee consent. If there's equity, the trustee will seek proposals for payment from third parties like family members. Payments can be lump sums or installments.
You may choose to sell the property voluntarily, with the trustee handling the sale.
If you're worried about sequestration and your property, call us for a free, no-obligation discussion.
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