I imagine many of your clients are 'upside-down' on their mortgages. What advice do you have for these clients?

You're right. Our clients now include many distressed property owners victimized by the real estate downturn. Of course, the first thing we do is to see if we can arrange a short sale or deed-in-lieu of foreclosure with the lender to eliminate the possibility of a deficiency. If a deficiency judgment appears likely, then we shelter any properties or any other assets the client owns that has a positive equity. Frequently, once the lender realizes that the borrower is judgment-proof, it is sufficient for the lender to accept the property and forego any recourse against the borrower on the deficiency.