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Not much if the issue pertains to a married couple, as Florida is a TBE state. Even debtor's who are unmarried have several options for protecting property both real and personal. The largest flaw in Florida's property exemption statutes would be that pertaining to vehicles. The same exemptions that are used for bankruptcy are also applicable concerning creditor lawsuit judgments. For a listing of exempted property allowed under the new BK laws, visit Bankruptcy Action http://www.bankruptcyaction.com
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∙ 2016-05-31 13:40:54
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What can a creditor do with a final judgment in Florida?
The judgment can be executed as a bank account levy or wage garnisment or liens against real property solely owned by the judgment debtor or to seize and liquidate any unexempt property that is owned by the judgment debtor.
Is Florida a joint property state?
Joint property is also considered to be community property. Florida is not one of the nine joint property states in the United States.?æ
What are unexempt assets?
There is no such thing as unexempt assets. They are called non-exempt assets, and they are assets that must be given up.
Is a mobile home park considered private property in Florida?
Private property belonging to the mobile home park owner.
Is Florida a community property state?
No. Florida is a separate property state.
Is a DUI considered a first degree misdemeanor in Florida?
Only if there was property damage...otherwise it is not a 1st degree misdemeanor.
Is a horse considered real property?
No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/
What are the laws in Texas for wage garnishment?
Texas only allows wage garnishment if there is no other manner in which the judgment creditor can execute the judgment (bank levy, seizure and sale of unexempt property, lien against real property owned by the judgment debtor).
Is a dog considered property?
yes it is considered property
Does Florida pay property tax?
Resident property owner do pay property taxes to the state of Florida each year.
Can you get domicile if you own property?
If you own and occupy property it is considered your domicile.If you own and occupy property it is considered your domicile.If you own and occupy property it is considered your domicile.If you own and occupy property it is considered your domicile.
How do court judgments work in Missouri?
In the state the judgment creditor can execute the judgment as a wage garnishment or, bank account levy, or seizure and sale of unexempt property belonging to the debtor or a lien against real property belonging to the debtor. Missouri is a Tenancy By The Entirety state when it relates to married couples, this means that if only one spouse is the judgment debtor, property that is considered joint or titled jointly cannot be attached by the judgment creditor.
