Florida Bankruptcy Exemptions

Entireties Assets Exempt To Extent Greater Than Unsecured Bankruptcy Debt

10/15/12

Florida common law is that entireties property is exempt from all creditors of either spouse, but it is not exempt from joint creditors. Tenants by entireties property in bankruptcy proceedings has been the subjection of judicial debate over the years when one spouse files bankruptcy, and where the debtor spouse has both individual debts and joint debts with their non-filing spouse.

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