Michelle O. asked

⚖️  Law

What happens to a party in a divorce case who tries to claim insolvency to avoid a 1099 on a short sale or foreclosure, despite not living in the residence since 2008 and having significant assets to attach?

September 14th, 2024

James B. answered

The court typically does not entertain arguments of insolvency to avoid marital debt obligations. Th...

September 14th, 2024

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