Legal Question in Bankruptcy in New York
If you live in a NY and have inherited a condo in Florida and a trust fund is set up in Florida can you go bankrupt (chapter 7) and lose any of that? Have only received $2000 advance from trust fund so far.
Asked on 8/19/09, 12:23 pm
1 Answer from Attorneys
Phroska L. McAlister
PHROSKA LEAKE McALISTER
Florida has "homestead" laws, that you probably need fully explained to you, before you decide to continue with your Bankruptcy petition
Consult a Florida Attorney immediately. Then carefully review info w/ your NY Bankruptcy Attorney.
Good luck,
Answered on 8/26/09, 5:46 pm
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