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INDIVIDUAL DEBTOR WITH SOLE OWNERSHIP OF PROPERTYUSING HOMESTEAD FULL AVOIDANCE 1UNITED STATES BANKRUPTCY COURT EASTERN DISTRICT OF NORTH CAROLINA DIVISION IN RE:XXXXXXXXXCASE NO. XXXXXXXXXXDEBTOR
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Homestead is a form of property tax relief for homeowners who make their property their permanent residence.
Homeowners who own and occupy their property as their primary residence are required to file for homestead exemption.
To fill out the homestead exemption application, homeowners must provide basic property and residency information.
The purpose of using homestead is to provide property tax relief to homeowners who make their property their primary residence.
Homeowners must report basic property information such as address, ownership details, and proof of residency.
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