My question involves business law in the state of: Florida.
My father owns a business in Florida. I have recently heard they are going out of business and owe suppliers (or the bank, not sure) some money because some customers have not paid them. I still live with my parents in Florida. They also own a house in Ohio. I have found out that they cannot take our house in Florida (our primary residence) but may be able to take the house in Ohio to pay off the debt. He is a part owner and president with 2 other co-owners, one being the VP.
So, can they take the house in Ohio? Can we sell the house in Florida and change our primary residence to the house in Ohio?
I am sure I will have some more questions. I just cannot think of any right now.
Thank you for any help.

