asked

I'm considering filing for bankruptcy. I have a cash reserve but my burn rate exceeds my income by about 2:1. I have a home building partnership with 10 current single residence projects in various stages of development, but I'm concerned my reserves will be exhausted before potential profits arrive. I would like to preserve my home and car. My home is titled under my company name. Under FL law, is there a form of reorganization that might allow me to preserve my home and vehicle? Should I file a personal or business bankruptcy? How would my real estate interests in the partnership be affected? I will see a local attorney, but I want some foundation before that consultation.

September 16th, 2023

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