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Assuming the residency/domiciliary necessity is happy, separated married couples may possibly locate on their own in the situation of benefiting from two homestead exemptions. The U.S. Court of Appeals in In re Colwell, 196 file.3d 1225 (11th Cir. 1999), held that a married few living in individual residences for over a few decades previous to the submitting in their respective bankruptcy petitions capable for homestead protection for each residence simply because there was no exhibiting of fraudulent intent guiding their marital separation.
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the kinds of home that have been identified to qualify as homestead are a great number of. further more, the interest from the underlying homestead is usually fractional,eighteen a leasehold,19 or possibly a share in the co-operative apartment.twenty inside a March 2002 Florida district court of enchantment conclusion, the courtroom mentioned, “Even though a castle to one person may be a shanty to another, the law would not so discriminate.
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