2025 Session
Last amended: 1996 session
§ 550.30 — Creditor May Redeem in Certain Cases
Plain-Language Summary
Certain property of the judgment debtor is exempt from execution, meaning it cannot be seized to pay the judgment. The debtor must claim the exemption to protect the property.
550.30 CREDITOR MAY REDEEM IN CERTAIN CASES.
Any creditor whose claim shall have been proved and allowed by a court of this state against the estate of a deceased debtor shall have the right, as a creditor of such decedent, to redeem the lands of the decedent from a sale thereof upon the foreclosure of a mortgage, or upon an execution, in the order and in the manner herein provided.
History:
(9445-1) 1929 c 195 s 1; 1995 c 189 s 8; 1996 c 277 s 1
History: History: (9445-1) 1929 c 195 s 1; 1995 c 189 s 8; 1996 c 277 s 1
Practical Notes
Minnesota law protects certain essential property from being seized for debts. This includes items like your homestead, basic household goods, and tools of your trade. You must file a claim of exemption to protect these items.