Eric H. Miller


Recent events have placed the issue of bankruptcy and property exemptions in the spotlight as families negotiate he legal maze of retaining possession of their homes and property in the wake of the financial disruptions since 2007. Attorneys and clients alike are often surprised by the lack of change in the Florida constitutional provisions that limit the options for those seeking relief from the demands of creditors. Indeed, the personal property exemption seems written for an earlier time. The unchanged constitutional text shields a debtor's home but only protects personal property up to a total value of one thousand dollars, the amount first established in 1868.