Most Virginia men entering a separation or divorce expect emotional strain, custody disputes, and difficult conversations. But many are blindsided by something far more mundane — the mortgage. The marital home is usually a couple’s most valuable asset and biggest debt, and what happens to that mortgage during separation can shape your financial future for years. Responsible mortgage separation means ...
Congratulations on successfully navigating your way through a tricky divorce from your one-time spouse. Now that you can say you have an ex, you need to tidy up some details. Like that pesky mortgage on that fabulous Virginia mansion … or ranch house … or bungalow. Big or little, your house had both your name and your ex’s name on ...
Financial gurus will tell you: a new car purchase is really three deals (sell the old car; buy the new car; arrange the financing). Car dealers want all that to happen on their lots. Financial advisers tell you to keep the three deals apart. The principle holds true with divvying up marital property during separation and divorce: keep the deals ...
“It is dependency, not familiarity, that breeds contempt,” says author Marty Rubin. If you depend on your ex-wife to refinance your marital home after a divorce and she does not, she faces more than just your contempt. She faces a contempt of court charge from a Virginia Circuit Court judge. Refi Gone Awry? We will get into the details of ...