Property Ownership
A Florida homeowner files for bankruptcy. Under Florida's unlimited homestead exemption, their primary residence:
AIs fully subject to creditors' claims
BMay be protected from forced sale to pay most creditors if it meets size limitations✓ Correct
CIs limited to $500,000 in value protection
DIs only protected if the home is worth less than $100,000
Explanation
Florida's homestead exemption (Article X, Section 4 of the Florida Constitution) protects a primary residence of up to 160 acres (rural) or half-acre in a municipality from forced sale to satisfy most creditors, providing very broad bankruptcy protection.
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