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Refinancing in Virginia Divorce: 3 Things to Know

February 11, 2019 By Lorna Rhoades

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 typically involves a refinance. There are things you need to keep in mind when making that decision: The first question to ask is” Do I Need to Refinance?” If you and your husband are listed on the mortgage and deed, and … [Read more...]

Filed Under: Uncategorized Tagged 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

August 27, 2018 By Katie Carter

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 house. Great! I get it. It’s an emotional thing. You’ve had some good memories there – where you brought your kids home from the hospital, where you watched … [Read more...]

Filed Under: Uncategorized Tagged With: divorce, marital property, marital residence, real property, refinance, separation, the house, underwater, virginia

Vacation Homes and Divorce

April 27, 2018 By Katie Carter

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 the marriage. How are assets and debts divided in Virginia? There are two ways that assets and debts can be divided in Virginia divorce. Either an … [Read more...]

Filed Under: Uncategorized Tagged 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!

January 22, 2018 By Katie Carter

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. It’s easy, in most cases, because the options are so limited. You either sell the house, or one person buys out the other person’s interest in the house. If both spouse’s … [Read more...]

Filed Under: Uncategorized Tagged With: deed, divorce, marital residence, mortgage, refinance, separation, virginia

Keeping Kids in the Same School District in Virginia Custody and Divorce

April 28, 2017 By Katie Carter

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 unpleasant experiences of life, it’s also through that pain and suffering that children build courage, confidence, and character. After all, isn’t that how it worked for us? Who … [Read more...]

Filed Under: Uncategorized Tagged With: custody bootcamp for moms, custody case, divorce, oprah article, parenting through divorce, refinance, school district, virginia

The house in Virginia divorce

April 7, 2017 By Katie Carter

For many married couples, the home is one of the biggest (if not the biggest) asset. You’re going to have to do some thinking about what you want done with the home after divorce. For a lot of reasons, the home comes with a lot of emotional attachment, and different people have different ideas about what they’d like to see done with it. For many moms, keeping the home is important. There are the memories to consider, of course, but also a sense of continuity for the kids, as well as the … [Read more...]

Filed Under: Divorce Lawyer Newport News, Uncategorized Tagged With: divorce, divorce attorney, divorce law, house, paying the mortgage, real estate, refinance, sell, Virginia divorce, women’s lawyer

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From our blog library:

What if my child’s father has abused drugs or alcohol?

What if my child’s father has abused drugs and/or alcohol? Drug and alcohol abuse is an issue that … Read More...

Drug or Alcohol Use in My Virginia Custody Case

Drug or Alcohol Use and My Virginia Custody Case Drug or alcohol use can pose problems in a … Read More...

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 … Read More...

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