Sell Your Bankruptcy House Fast in Florida

Florida is divided into three federal bankruptcy districts: the Middle District of Florida (Tampa, Orlando, Jacksonville, and Fort Myers), the Northern District of Florida (Tallahassee and Pensacola), and the Southern District of Florida (Miami, Fort Lauderdale, and West Palm Beach) — with the Southern District being one of the busiest in the country for both consumer and commercial bankruptcy filings. Florida's homestead exemption in bankruptcy is among the most powerful in the U.S.: Article X §4 of the Florida Constitution provides an unlimited homestead exemption (for properties not exceeding half an acre in a municipality and 160 contiguous acres outside one), but Congress added a critical limitation in BAPCPA — a debtor must have acquired their Florida domicile at least 1,215 days before filing to claim the unlimited exemption; otherwise, the exemption is capped at $189,050 (adjusted periodically). Florida debtors who have owned their home for over 1,215 days and are current on the mortgage can generally keep their home in Chapter 7 regardless of how much equity it holds — but this protection disappears if the debtor has made fraudulent transfers into the home within a certain lookback period, a provision that was specifically added to target Florida's history of asset-protection planning through homestead conversions. In a Chapter 13 case, a proposed sale of the Florida homestead requires plan modification and court approval, typically taking 45 to 60 days through the Florida bankruptcy courts, but is generally approved if proceeds are being used to fund the plan or pay off the mortgage.

• Cash offer within 24 hours
• Close in 7 days or on your schedule
• Buy as-is — no repairs required
• We pay all closing costs
• No agents, no commissions