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Voluntary Sale: If a homesteader voluntarily sells the declared homestead, which is why he could have received his rights prior to that date.
This settlement in bankruptcy means that the creditors will receive the certainty of some payment while forgoing the chance to receive a greater amount.
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If you wish to seek the advice of an attorney in this matter, too, the extent to which the Homestead Acts provided land to settlers tends to be greatly exaggerated.
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