Real Estate Law
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Good evening. I am Loren, a licensed attorney and I look forward to assisting you.
Has your husband spoken to the bank about the possibility of negotiating a deed in lieu of foreclosure or a short sale?
Thank you for the additional information.
You individually owned property is not subject to attachment for your husband's debt. Additionally, Florida law is very creditor unfriendly. So, it is unlikely that property is at risk either.
Your husband should make contact with the lender if his position becomes untenable. If the bank will accept a deed in lieu he will be released from any further liability.
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