West Hollywood, CA asked in Bankruptcy for Florida

Q: Hi, I’m recently divorced and my ex husband has just filed for chapter 13 Bk, the family court order him to pay me $75k

for equitable distribution as well as ordered the marital home to be sold immediately, we had a buyer who offered 1.2 mill and ex refused b/c he wanted full asking price, there is about $700k equity. He told Bk court house was valued at $225 thousand. We also owned another property with a lot of equity under a business name that he also failed to mention to Bk court. Trying to figure out what my risk is at this point, thank you. Edit, all proceedings and property are in central Florida.

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2 Lawyer Answers
Sherri B. Simpson
Sherri B. Simpson
Answered
  • Bankruptcy Lawyer
  • Sunrise, FL
  • Licensed in Florida

A: Is the marital home in Florida? Is the business property in Florida? Is the dissolution of marriage in Florida?

Notwithstanding any of that, it sounds like your ex-husband is committing bankruptcy fraud which is never a good thing.

Stuart Nachbar agrees with this answer

1 user found this answer helpful

Stuart Nachbar
Stuart Nachbar
PREMIUM
Answered
  • Bankruptcy Lawyer
  • Livingston, NJ

A: You have a lot of questions and I believe as a bankruptcy counsel numerous issues. Take a few moments and speak with a counsel in your state familiar with both bankruptcy and family law. Your ex-spouses petition may be fraudulent and needs to be dealt with. Please heed advice and search out good reputable counsel.

1 user found this answer helpful

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