Your equity in your home can only be protected from creditors under the Virginia homestead exemption with the filing of a legally-valid homestead deed.  

Generally, you only need this protection when you are under the risk of collections or going through a bankruptcy.  You should speak to an attorney to assure the proper situation and completion of the deed when a house is involved. offer two homestead deed packages for homeowners.  The "Real Estate Homestead" is for individuals with one house.  For owners of multiple properties the "Complex Homestead" Package is tailored to provide protection.

Protecting Your Home With A Homestead Deed