Divorce and your mortgage: Here’s what to know
One of the biggest decisions divorcing couples face is what to do with the marital home. If the breakup is acrimonious, trying to agree on the house and the mortgage can be a nightmare.
The options for divorcing couples depend on a number of factors, such as how their property was financed and titled, whether one partner wants to stay in the home, the amount of equity they have in the home and their credit rating.
Divorce is often a difficult and stressful process, especially when there are assets to split, including a house. In this excellent blog posting, Libby Wells explores different options to help you make the best decision for your circumstances.