Florida lawyers often hear the cry from their clients that Florida is a “debtor’s haven” because of the generous homestead exemption provided by the Florida Constitution, the various personal property exemptions available under statute, and the “tenancy by the entireties” immunity protection afforded to married couples that own property jointly but the creditor holds a judgment against only one spouse. This column, however, is not about protections from creditors’ claims. Rather, the holders of Florida money judgments and the attorneys they hire now have another arrow in their collection quivers thanks to the new Judgment Lien Improvement Act, which took effect on July 1, 2023. However, as is the case with creditor’s rights generally, there are some limitations, which are discussed throughout this article.
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