Marital home and an underwater mortgage

Question: When a divorcing couple owes more on the marital home than what the property is worth and one spouse wishes to keep the property and assume all the mortgage debt, does that person have to buy out the other person since there is no equity in the property?

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When is a home considered marital property?

divorce attorney Jill Duffy

Question: A few years after we married, my wife and I built a new house. The deed and mortgage is in her name. She is threatening to sell the house, kick me out, and keep all the proceeds from the sale. What are my rights? Is the home considered marital

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Transfer of home ownership upon death

mens divorce lawyer William Backer

Question: We live in a house that is currently in my mother-in-law’s name but will be inherited by my wife, according to her mother’s will. My wife and I have discussed divorce and she claims that I have no ownership interest in the property despite the years of renovations I

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Marital homes and quit claim deeds

Cordell & Cordell attorney Andrea Miller

Question: As part of our divorce, my wife was given exclusive possession of the marital home. She wants me to sign a quit claim deed so that the house is solely in her name. However, when we tried to refinance with the bank in just my wife’s name they wouldn’t

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