Tampa Divorce Lawyers at the Galewski Law Group understand that matters of family and marital law are more than legal issues, but questions of heartbreak and frustration. The decisions that you make or that are made for you during the dissolution of a marriage or in a child custody and support dispute effect you mentally, physically and financially. These decisions may alter your life, and you need to know that you have a Tampa Divorce Lawyer or Tampa Family Law Attorney on your side who will explain the legal process and the long term effects of the divorce and child custody proceedings.
Our Tampa Family Law Attorneys know that our priority is your comfort. Our Tampa Divorce Lawyers will take the time to explain the legal process, the options that are available to you and the consequences of each decision. No one can guarantee results, but your Tampa Family Law Attorney can guarantee that we will be there to make sure that you are comfortable with the process and that you know the most is being done to protect you and your family.
Question of the week:
I am up-side-down or have negative equity in my home, how do we divide the property?
If you owe more than your house is worth, the court will typically agree with any agreement that you and your spouse may decide upon. Options that have worked are that the property is treated as an asset and the mortgage is treated as a liability and each item is divided accordingly. Other times the property is sold and each side will pay a portion of the loss at closing. More often than not, the property will be either paid by one spouse that will continue to live in the home, or the house will be sold via short sale, where the bank will work with the parties and cover the loss.