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The courts determine how financial assets are split between husband and wife. For the most part, each part gets half.

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Q: How are financial assets split between husband and wife in a divorce in Virginia?
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Do I owe my husband mortgage money if we divorce?

That will be decided by the judge or your attorneys.


What happens if a couple divorce and husband's name is not on mortgage documents or deeds?

If the property was purchased in a community property state during the marriage and the husband did not waive his rights, he may have ownership rights to the property. If not, then he may not have an ownership interest in the home. Either way, he does NOT have financial responsibility for the mortgage debt unless otherwise ordered by a court. It is possible for someone to have ownership rights to a home and no legal liability for its financial encumbrances.


Is a wife responsible for a husband's student loans in a divorce in PA?

no she cant be because she did not take out the loans out


Can you sell your house without your husbands consent you have been divorced for 6 years and you have paid the mortgage?

If your ex-husband has an interest in the property then he must sign the deed. You need to review your divorce decree to determine if there are any provisions that would affect the sale of the property.If your ex-husband has an interest in the property then he must sign the deed. You need to review your divorce decree to determine if there are any provisions that would affect the sale of the property.If your ex-husband has an interest in the property then he must sign the deed. You need to review your divorce decree to determine if there are any provisions that would affect the sale of the property.If your ex-husband has an interest in the property then he must sign the deed. You need to review your divorce decree to determine if there are any provisions that would affect the sale of the property.


If i buy a home in my name while separated can a lien be put against it if my husband's home is forclosed on?

It sounds like you are not on the mortgage with your husband on your previous home. If he is foreclosed on, and you are only on the deed, then you have no financial liability. If you are buying a new home and you are on the mortgage with your husband, you won't be able to get a mortgage because you are on the verge of foreclosing Be careful when buying a home while separated however. Depending on what state you live your husband may be entitled to half the equity in your new home in the event of a divorce. Its called community property Here is a list of community property states: http://www.bankapedia.com/mortgage-encyclopedia/residential-mortgage-terms/121-community-property

Related questions

Why shouldn't a husband give his wife financial support when the get divorced?

If the husband wants to provide financial support to his wife, he can certainly do it. It is not mandatory, unless it is part of the legal separation or divorce agreement.


Do witnesses need to be precent in Islamic divorce?

Witnesses are not required. A divorce is a private matter between the husband and the wife.


Is there a divorce policy in Egypt?

Yes, but it is much harder for a wife to divorce her husband than for a husband to divorce his wife in Egypt.


Can you be sued in Virginia if you tell a woman her husband has cheated on her and they divorce?

Hopefully you had proof that this woman's husband was cheating. If there is no truth to the accusations; the divorce happened then yes, her ex husband could have sued you because it's 'defimation of character' and you ruined not only his marriage but his reputation' and the courts would decide. However, if the husband did cheat and you witnessed it then you could be called in as a witness, but this generally does not happen.


Can your husband filed a divorce in Illinois if you are pregnant?

Yes, your husband can file for a divorce in Illinois if you are pregnant.


What happens if the queen were to divorce her husband?

No divorce allowed


If a daughter is given property in West Virginia will her husband be entitled to one half should she divorce him or die?

He sure will. Unless you have signed a pre-nup.


Can you file for divorce if your husband left for Mexico?

You can file for divorce even if your husband was still living at home. However, divorce laws vary by state.


Me and my husband got married in Virginia and we have resided in two different states for about 6 years now. How do you file for a divorce in Louisiana?

You file for divorce in Louisiana. It matter not where a couple was married - you are not required to file for divorce in the state where you were married. I was married in California and filed for divorce in Arizona and it posed absolutely no problems whatsoever.


Do you have to grant your husband a divorce?

No i do not


My husband received an inheritance we live in Virginia if we divorce am I entittled to any of it?

It depends on the wording of the inheritance. If you are already divorced, no, you are not entitled to any of it. If you are in the process, it is an asset that will be divided.


Is there any way to circumvent my daughter's husband from taking one half of property in her name only should they divorce or she dies in West Virginia?

Get her to sign it over to you.