Legal Question in Family Law in California
If you owe more on house than it is worth do you put zero or negative number on Income and Expense Declaration?
Asked on 1/11/16, 4:44 pm
1 Answer from Attorneys
Arlene Kock
Law Offices of Arlene D. Kock APLC
Unless you have a formal appraisal of the property, it may be premature for you to make an assumption that the house is still "underwater".
Please meet with an experienced family law attorney to explore your legal options.
Answered on 1/12/16, 6:47 am