It’s a possibility that the bankruptcy court technically can take over your shares of a corporation or your percentage ownership of an LLC. The question is really how much property is owned by that corporation and what the value of that corporation is and the percentage of ownership that you have. Whatever that value is, is technically your personal property and you have to account for that just like the rest of your personal property.
Financial Planning After Divorce in Florida
Divorce is not just an emotional process; it also carries significant financial consequences. Whether your divorce was amicable or contentious, it is crucial to take control of your finances and plan for a stable future. In Florida, where divorce laws and financial...