03/16/2021
Another very common question we get asked — "What happens to my house when I get divorced?"
When children are involved, the courts try to help the parent who has physical custody of the children keep the family home. This can be done by giving that parent a higher percentage or letting the parent who wants the home give up some other assets to keep the home. Sometimes, the marital debts, such as the mortgage, have to be reviewed as well.
When there aren't children, then keeping the home often depends on who is in a better position to buy out the other spouse.
https://www.achowdhurylaw.com/divorce-faq/
Divorce FAQ Questions about Divorce What are the grounds for divorce? No-fault divorces require a waiting period of one year and that both spouses agree to the divorce. The waiting period can be shortened to six months if there are no children and both spouses sign a marital settlement agreement. Fo...