Fort Lauderdale Short Sale Attorneys

Many people believe that if they go along with a short sale, they will be off the hook for the debt owed on the mortgage. However, this is usually not the case. Banks rarely release debtors from liability on the loan. If the home sells for less than its value, you will likely be responsible for paying the balance – and you will still have to leave your home.

In addition, renting a new place to live is a significant expense that can make it even harder to pay the balance owed on your mortgage. Add to that the tax liability of a deficiency and the results can be disastrous.

Bankruptcy May Be A Solution. Let Us Help.

If you file bankruptcy, rather than conduct a short sale, everything can be different. There is no tax liability, no deficiency to repay, and much less emotional and financial stress.

When you hire a bankruptcy lawyer, that person's sole duty is to you. At Nowack & Olson, we are devoted advocates for our clients. We do not hold your past mistakes against you and we will do everything possible to help you succeed.

The parties in a short sale cannot say the same thing. The bank's goal is to make money and answer its shareholders. The realtor's goal is to make a sale and collect his or her commission. Who is looking out for your interests?

We Are Here For You Now. Contact Nowack & Olson.

Please call 888-813-4737 or send us an email to arrange a free initial consultation at our offices in Fort Lauderdale, Miami or Palm Beach, Florida. Our attorneys look forward to serving you.