Refinance and Divorce
In case you haven’t heard, mortgage rates are really low right now, which may or may not have you thinking about a refinance. I get it; in fact, my husband and I just refinanced ourselves, which is what leads me to our discussion today. Well, that, and a recent consultation I had. In my consultation,…
Filed under: Uncategorized Tag with: cash out | closing costs | college tuition | COVID-19 | home repairs | interest rates | keeping the home | loan balance | refi | refinance | selling the home | separation | Virginia divorce
Can we keep the house jointly after Virginia divorce?
Real estate is – sometimes – complicated. I started practicing law actively after the big crash in 2008, but I have been told by several other practitioners who were working at the time that property values meant that people who would otherwise have gotten divorced stayed together. When houses plummeted in value, it meant that…
Filed under: Uncategorized Tag with: CPA | deed | divorce | house | joint | keep the house | refinance | sell the house | separation | tax adviser | virginia
Bankruptcy and Divorce
If you have more debts than assets and you feel like you’re drowning, it may be that divorce shouldn’t be your first thought. Let’s break it down a little bit. Because, of course, financially, divorce CAN help, especially if there are some issues (like his general extravagance) that you want to get out from under….
Filed under: Uncategorized Tag with: assets | bankruptcy | debts | dividing debts | divorce | house | marital property | marital residence | real estate | refinance | virginia
Refinancing in Virginia Divorce: 3 Things to Know
3 Things to Keep in Mind When Refinancing Your Home Real property is often one of the biggest items to address in divorce and we have to figure out what will happen to it. A lot of our clients tell us they want to keep living in the former marital home after the divorce, which…
Filed under: Uncategorized Tag with: child support | debt | divorce | income to debt ratio | loan | mortgage | refinance | separation | spousal support | virginia
To keep, sell, or refinance the house in Virginia divorce
Real estate is easy. Either one or the other of you keeps it, in which case you refinance the mortgage to remove your spouse from liability, or you sell it and split the proceeds. There’s not a lot of options, so we can often cut to the chase pretty quickly. I want to keep the…
Filed under: Uncategorized Tag with: divorce | marital property | marital residence | real property | refinance | separation | the house | underwater | virginia
Vacation Homes and Divorce
Equitable distribution is the fancy way we describe how property is divided in the Virginia divorce process. Under equitable distribution, the court looks at all a couple’s assets (the things that are worth money) and liabilities (yes, your debt gets divided, too!) and makes a determination about what each former spouse should take away from…
Filed under: Uncategorized Tag with: divorce | equitable distribution | equity | hybrid property | marital property | mortgage | real estate | real property | refinance | separate property | separation | underwater | vacation homes
He wants to keep the house!
The house is, in many cases, one of the biggest, most emotionally charged elements in a divorce, for husbands and wives alike. Of course, I don’t represent any husbands, but I can tell you about it from the wife’s perspective. The marital residence in Virginia divorce So, obviously, something has to happen with the house….
Filed under: Uncategorized Tag with: deed | divorce | marital residence | mortgage | refinance | separation | virginia
Keeping Kids in the Same School District in Virginia Custody and Divorce
I read an article the other day about parenting children through divorce and it cautioned parents to not beat themselves up over all the pain and suffering that their children would experience throughout their lifetimes. Though, as moms, we all tend to feel like it’s our job to protect our children from all the various…
Filed under: Uncategorized Tag with: custody bootcamp for moms | custody case | divorce | oprah article | parenting through divorce | refinance | school district | virginia
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