Legal Question in Bankruptcy in Florida
In florida, if I declare personal bankruptcy do I need to disclose a real estate property that is in the name of an LLC if I am the only member of the LLC. I do not want to include the property in the Bankruptcy.
Asked on 9/07/10, 7:37 am
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Yes. The LLC is an asset of yours. The failure to disclose all your assets can have very serious consequences.
Answered on 9/12/10, 8:40 am
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