Getting a divorce in Minnesota is no easy task!
You may be going through a tough time with this or maybe your happy for it to be over. We have worked with people that have been on both sides of this divorce fence. One thing you must know about Divorce and real estate is that once you file for divorce at the county, it will freeze all credit cards, home lines of credit and the sale of the home.
We always believe that you should seek legal advice on any matter. A lawyer is going to tell you most likely to have your spouse served. In the case where your worried about the combined assets you this may be the right course to take. If you want your spouse or you to buy you out of the home, they may need to refinance, and when you serve them, it will stop any refinance or sale of them. It all depends on how agreeable you and your spouse is.
Who should keep the home in the divorce?
This is really up to you. Some believe that the stay at home spouse should get the house. If the house payment and the upkeep are more of a buried then a gift it may not be worth keeping. If both parties agree to sell the house, you need to decide if you’re going to do it before you serve each other or if the divorce decree will state it.
There are several ways that divorce can go. Bad, good and ugly but in the end, it is up to how you want it to be. We’re not lawyers so you should always seek legal advice on this matter. What do recommend is also do your homework since knowledge is good to have when going through something as emotional as a divorce.
If you have questions about whether, you should keep a home in divorce and what the value is, please give us a call for a free consultation.
We also have several Divorce Attorney’s we can refer you too.