Many people think the name on a house title decides ownership in a divorce. This isn't true. The court looks at when the couple bought the house, not whose name is on the title.
The name on the mortgage doesn't determine who keeps the house in a divorce. The court splits the house's value, not the debt obligation to the bank. *Solutions vary. Selling the house. One party keeping it and compensating the other.
Each divorce case is unique. Talk to a lawyer. The court aims to split assets fairly, not necessarily equally.
Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook/
Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428
For more information: https://akivagoldman.com/michigan-divorce-lawyer
For additional information, watch these videos: What Happens To [A Mortgage During A Divorce] - ChooseGoldmanlaw https://youtu.be/3L2B42chjkA
If [I Sign Over The House, Am I No Longer Obligated To Pay The Mortgage] - ChooseGoldmanlaw https://youtu.be/TAFAdSaPJFg
For more information, read blog below: https://akivagoldman.com/blog/divorce/does-it-matter-whose-name-is-on-the-mortgage-in-a-divorce
Visit us at http://www.choosegoldmanlaw.com/
#Michigandivorce #Michiganmaritalassets #Michigandivorcecase #ImpactofMortgageInDivorceCase #ChooseGoldman #ChooseGoldmanLaw #Goldmanandassociateslawfirm