Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Florida? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find Florida-specific information on filing for bankruptcy as well as articles on the various Florida bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
How Bankruptcy Works in Florida
Find out about the information you'll need to file your Florida bankruptcy, including exemptions laws to protect your property, means testing information needed to qualify for Chapter 7 or 13, credit and debt counseling courses, official filing forms, Florida bankruptcy court locations, and more.
Here's a list of the most common bankruptcy exemptions in Florida. Using exemptions, you'll be able to protect some equity in a residential home and car, household furnishings, clothing, retirement accounts, and more.
The Florida Homestead Exemption
Florida's homestead exemption protects the entire value of your home if you file for bankruptcy, although there are some acreage limits.