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The Times of India
The Times of India
World
TOI World Desk

Home Equity Seizure Curbed: Nebraska caregiver wins back title; PLF eyes wider foreclosure reforms

A Scottsbluff homeowner has successfully recovered the legal title to his residential property after losing it over a $588 property tax delinquency, AP News reported. The case ultimately reached the Supreme Court which established that a homeowner’s surplus equity is protected from confiscation under the Fifth Amendment of the Constitution. Fair and his late wife, Terry, had lived in the home for nearly two decades and had already paid off its mortgage by the early 2010s.

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