If you are thinking about a divorce in Northern Virginia, you might be thinking about your marital property and what will happen to your home. The Chicago Tribune recently highlighted a story about a couple who decided that it would be the wife who would take possession of the marital home. Unbeknownst to her soon-to-be ex-husband, his name remained on the mortgage, making him a responsible party for the property even after deeding the title to her. This hurt his chances when it came to applying for a loan to obtain his new condo.
There are different options to consider. Whether both parties have agreed to sell the home, one party wishes to keep the home, or maybe you cannot seem to reach an agreement, DiPietro Family Law Group will help protect your rights and ensure you are treated fairly.
Virginia’s equitable distribution system offers consideration to both parties during a divorce. Although there might not be any simple approach to dividing the marital property or other assets, choosing the right family law lawyer can make all the difference.