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.
Partition Actions in South Florida: What Happens to Home Equity When Unmarried Couples Break Up
South Florida’s housing market has become one of the most expensive in the country, making it increasingly common for unmarried couples to purchase homes together. Sharing the cost of a mortgage can make homeownership more attainable in cities like Miami, Fort...