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.
International Divorce and Foreign Assets: What Florida High Net Worth Clients Need to Know
In today’s global economy, many high net worth individuals in Florida own assets across borders, maintain multiple residencies, or hold dual citizenship. When divorce enters the equation, these factors introduce major legal and financial complexities. If you’re facing...