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.
Filing for Bankruptcy During the Holidays: What You Need to Know
The holiday season is often a time for joy, celebration, and togetherness, but for those facing financial hardship, it can also bring stress and uncertainty. Struggling with debt during a time that’s meant for giving can feel overwhelming and emotionally draining. For...