Legal Question in Bankruptcy in Florida

Property exemption in florida bankruptcy

I am considering filing for bankruptcy as a Florida resident. I own a condo in Florida and a home in New York. Under the bankruptcy proceedings in Florida, I understand that real estate is exempt to its full value. Would that include property a florida resident owns in another state such as New York?


Asked on 3/22/00, 2:31 pm

1 Answer from Attorneys
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Property exemption in florida bankruptcy

The exemption extends to the personal Florida residence of the full time , bona-fide Florida resident. Accordingly, if you are a resident of New York, neither would qualify.

If you wish to consult with me call at 305-940-8080.

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Answered on 3/27/00, 7:28 pm


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