Yes, you can do a short sale where the owner has a lot of assets or a lot of cash. The issue becomes what is available to satisfy any deficiency that may be there. And then it’s our job as your attorney to negotiate that deficiency to a small amount as possible. If there’s for example, $150,000 deficiency, you may be asked to contribute $5,000, $6,000 to that deficiency.
Understanding Alimony: Basics and What to Expect
Alimony, also known as spousal support or maintenance, is a legal obligation for one spouse to provide financial support to the other after separation or divorce. This financial support is aimed at helping the receiving spouse maintain a lifestyle similar to that...