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Displaying (1) Comments | Comment on this piece | Report objectionable art
RE: The problem is more that with the diocrve it's much less likely that either of the spouses will be able to afford to keep making the payments, but one of the spouses might try to continue living there. It's not like these people are completely rational, or anything close to it. So you can have the court award one spouse the property, have that spouse fall behind, and have the other spouse's credit affected by the delinquency and eventual foreclosure.Add in the difficulties doing a short sale if they don't have the assets to pay off the loan, and you have a real mess even if they are legitimately trying to sell. Rate this comment: 0 0
By: | Sep 27, 2013 | Report Comment
tiffanyart
Tiffany_O | Region 4
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