Florida Statutes
Fla. Stat. § 727.101 (2025)
Intent of chapter.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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727.101 Intent of chapter.—The intent of this chapter is to provide a uniform procedure for the administration and orderly liquidation of insolvent estates, and to ensure full reporting to creditors and equal distribution of assets according to priorities as established under this chapter.
Notes of Decisions
Cited in 11
cases, 2000–2020 · leading case: Cowan Liebowitz & Latman, PC v. Kaplan, 902 So. 2d 755 (Fla. 2005).
Cowan Liebowitz & Latman, PC v. Kaplan, 902 So. 2d 755 (Fla. 2005). “As the text of the Assignment for the Benefit of Creditors statute makes clear, the intent and purpose of the law is to "provide a uniform procedure for the administration of insolvent estates, and to ensure full reporting to creditors and equal distribution of assets according…”
Moecker v. Antoine, 845 So. 2d 904 (Fla. 1st DCA 2003). “Chapter 727 is intended "to provide a uniform procedure for the administration of insolvent estates," section 727.101, Florida Statutes (1997), subject to the supervision of the circuit court.”
Moffatt & Nichol, Inc. v. B.E.A. Int'l Corp., 48 So. 3d 896 (Fla. 3d DCA 2010). “See § 727.101, Fla. Stat. (2008). Two days later, Michael Phelan timely filed a separate Petition Commencing Assignment for The Benefit of Creditors in the circuit court to facilitate the performance of his duties (“the Assignment Case”).”
In re Velez, 465 B.R. 912 (Bankr. S.D. Florida 2012). “” Fla. Stat. § 727.101 . There is nothing in the record to indicate that a state court ABC was commenced before this voluntary bankruptcy filing.”
Akin Bay Co., LLC v. Von Kahle, 180 So. 3d 1180 (Fla. 3d DCA 2015). “Under Florida’s Assignment for the Benefit of Creditors statute, §§ 727.101 et seq., Fla. Stat. (2014), the assignor conveys all of its assets, except those exempt from levy and sale under an execution, to an assignee chosen by the assignor.”
Hillsborough Cnty. v. Lanier, 898 So. 2d 141 (Fla. 2d DCA 2005). “" § 727.101; see also Champaign Nat'l Bank v.”
Smith v. Effective Teleservices, Inc., 133 So. 3d 1048 (Fla. 4th DCA 2014). “” § 727.101, Fla. Stat. (2010). The mechanics of Chapter 727 are that the assignor assigns to the assignee “all of its assets, except such assets as are exempt by law from levy and sale under an execution”; the assets so assigned become the “estate” of the assignor.”
Michael E. Moecker of Michael Moecker & Assocs., Inc. v. Strasnick (In Re Strasnick), 256 B.R. 330 (Bankr. M.D. Fla. 2000). “, (“Little Angel”) a defunct Daytona, Florida bakery, pursuant to Florida Statutes § 727.101 et seq. On January 24, 2000, Arthur P.”
Pro Finish, Inc. v. Est. of All Am. Trailer Mfrs., Inc., 204 So. 3d 505 (Fla. 4th DCA 2016). “” § 727.101, Fla. Stat. (2013). Section 727.”
In Re: Assignment for the Benefit of Creditors of Miami Perfume Junction, Inc. v. Leslie S. Osborne, Etc. (Fla. 3d DCA 2020). “” § 727.101, Fla. Stat. (2020). 2 Miami Perfume Junction, Inc.”
In Re: Assignment for the Benefit of Creditors of Miami Perfume Junction, Inc. v. Leslie S. Osborne, Etc. (Fla. 3d DCA 2020). “” § 727.101, Fla. Stat. (2020). 2 Miami Perfume Junction, Inc.”
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