Legal Question in Family Law in Florida

divorce settlement

300000 settlement was signed.

Because of the housing market the house will not profit that.Can I get a modification due to this?


Asked on 12/10/07, 10:29 am

4 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: divorce settlement

Without reading the final judgment, no one can say.

Read more
Answered on 12/10/07, 10:42 am
Stanley Miller Stanley M. Miller, P.A.

Re: divorce settlement

Would need to read the settlement agreement before giving advice.

Read more
Answered on 12/10/07, 10:46 am
Scott R. Jay Law Offices of Scott R. Jay

Re: divorce settlement

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

As a general rule, settlements made between two individuals are not modifiable at a later date by the court unless there was fraud involved. A downturn in the marketplace is not usually grounds to change an agreement.

Having said that, you have nothing to lose by trying to get the agreement modified. Without reviewing the agreement in its totality, an attorney cannot tell you if you will have any success.

Scott R. Jay, Esq.

Read more
Answered on 12/10/07, 11:31 am
Michael Franklin Michael M. Franklin, Esq.

Re: divorce settlement

Yes.

Read more
Answered on 12/12/07, 1:11 pm


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in Florida