Homestead Exemption

On January 1, 2016, the homestead protection in New Hampshire increased from $100,000 to $120,000.  N.H. R.S.A. 480:1, allows a property owner to consider $120,000 of the property’s value as homestead, and therefore exempt from judgment by certain creditors with regard to unsecured debts.  The homestead protection does not apply against debts including, but not limited to, those related to tax collections, mechanics’ liens, mortgages and homeowners associations liens.