1) How much money do you owe your boyfriend?
2) Can you prove that you owe him this money?
3) What is the current market value of your property?
4) Have you lived in Florida continuously for the past 2 years?
You can add your boyfriend's name to the deed as repayment for the money he loaned you, but you would then have to wait 90 days before filing a Bankruptcy - to avoid the transfer being deemed a "preference" and then reversed.
However, if you add your son's name to the deed, you would then have to wait 2 years to file a Bankruptcy - to avoid the transfer being reversed.
Adding your boyfriend's name to the property deed would result in a value of only $6,500 for your share, minus the cost to sell (5%), which would result in $6,175. Since you can use your wildcard exemption of $4,000 for the property, you would be able to keep it if you made an arrangement with the Bankruptcy court to pay the $2,175 over a period of around 6 months to one year.
I think this is what you wanted to know. If not, please let me know.
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