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.
Your Guide to Enforcing Court Orders in Florida
Court orders play a critical role in ensuring fairness and accountability in child support, custody, and alimony agreements. But what happens when one party fails to comply? Navigating the enforcement process can feel overwhelming and frustrating, especially when it...