Blog Archives
Homestead and “Wildcard” Exemptions in Bankruptcy
Part III
In the last two weeks we discussed some basic bankruptcy concepts as well as Florida’s Homestead and Personal Property exemptions. With any luck, this week’s discussion will hopefully tie the last two blogs together and shed some light on the proverbial “big picture.” That being said, I urge you to review my previous two blogs beforehand. Also, if time permits, my “Homestead” blogs will help clarify this as well. Read the rest of this entry
BANKRUPTCY EXEMPTIONS: Part II
BANKRUPTCY EXEMPTIONS:
Part II
Homestead, Personal Property, and Enhanced “Wildcard” Exemptions
Last week we began discussing some general bankruptcy information. This week we will focus our attention on Florida’s exemptions. Specifically, the Homestead and personal property exemptions. Read the rest of this entry
Selling Your Homestead & Protecting The Proceeds
Homestead in Florida gives some great benefits to Florida resident homeowners. So, congratulations are in order, your family and home are now protected. You’ve paid the mortgage, your taxes, your contractor, the plumber, and the pool boy. But with the prices of real estate as low as it is, you decide to upgrade to a nicer home in a better neighborhood. What do you do to protect your investment in the homestead? Read the rest of this entry
Florida Homestead Requirements – New Home Buyers
“If the gloves don’t fit, you must acquit!” These famous words were uttered by O.J. Simpson’s attorney during his criminal trial in 1995. As we’re all aware, Simpson was acquitted of the criminal charges, but subsequently found liable in civil court to the tune of almost $40 million! So what does an alleged killer do in a situation like that? He runs to Florida as quick as he can to buy the biggest and most expensive house that he can afford! I don’t blame him and neither should you. (For taking advantage of Florida’s Homestead laws of course!) Read the rest of this entry
