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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (101880)2/24/2005 7:06:19 AM
From: JDN  Read Replies (1) | Respond to of 793731
 
When I retired I paid off my mortgage and have no other debts. Its amazing what you can get by with if you stay out of debt. Here is a good reason those that live in a state with Homestead Exemption rules to pay it off. Here in Fla. your HOME is exempt from any bankruptcy action. So, if you should get hit with some kind of huge lawsuit and lose they at least cant get your home and if its debt free a valuable asset. jdn