Legal Question in Credit and Debt Law in Florida

My wife and I are both in our 70's.

Our sources of income are social security and a small Retirement fund from Tiaa Cref.

We own a 2 bedroom condo with a $120,000 mortgage. These are the only 2 assets we have.

We have resided in Florida since 2009.

We have a fee dispute for over $150,000 with our lawyer.

The situation with our lawyer happened prior to 2009 in Pennsylvania.

If the lawyer sues us for his fees what is the exposure to our condo, and the retirement fund?


Asked on 5/10/14, 12:33 pm

1 Answer from Attorneys
Michael Connelly Michael S. Connelly PA

The assets you describe are exempt from forced collection such as garnishment, Additionally, if the attorney obtains a judgment against you, the judgment amount could be placed as lien on your condo. That would actually mean very little to you if you never plan to sell the condo.

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Answered on 5/14/14, 7:55 am


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