Dealing With Mortgage Debt and Refinancing After Divorce
Welcome to Splitsville | Navigating Divorce in a Modern World
Release Date: 12/10/2020
Welcome to Splitsville | Navigating Divorce in a Modern World
Divorcing couples often find themselves at a loss when trying to determine how to handle what is often their largest asset, the family home. Who stays in the home? What does the person who is leaving the home do for a substitute home? How do you finance these decisions?
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In this episode, Leigh Sellers speaks with Hollie Bennett of Palmetto Guardian and Adoption Services about her work as a guardian ad litem. They examine what the position of a guardian ad litem entails and their various responsibilities related to child custody cases. Guardian ad litem are assigned by the court to advocate for the children, conducting a fair, balanced, and impartial investigation by collecting information through interviews, home visits, and other means.
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The world has been facing a public health crisis that has caused significant economic changes and uncertainty. In the first two quarters of the year, families that are both intact and separated are facing increasing financial problems and struggles. More so for the latter, if one parent is obligated by the court to pay child support. But, with the ongoing pandemic, are there laws in place that allow for modification of child support?
info_outlineWelcome to Splitsville | Navigating Divorce in a Modern World
One of the more prominent narratives surrounding separation and divorce involves ex-spouses being at each other’s throats and constantly arguing with one another. Such a hostile environment not only affects the former couple but negatively impacts their children as well. While separation and divorce are difficult for everyone involved, a happy co-parenting ending with your ex is a very real possibility.
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The outcome of divorce and custody cases isn’t just dependent on your attorney or the judge. Believe it or not, your attitude and decisions during the whole process are going to affect how it all works out in the end. You have a lot of control over your own success, and the divorce attorney is there to guide you along the way in terms of the legal implications and ramifications of your situation.
info_outlineWelcome to Splitsville | Navigating Divorce in a Modern World
Child custody cases are often the toughest types of cases that go through family court. Far too often, those cases involve parents with alcohol and substance abuse issues. Some states, including North Carolina, allow for alcohol monitoring systems in child custody cases. In this episode, we talk with Chris Beck of Soberlink, a modern tool that helps parents struggling with alcohol abuse stay involved in their children's lives.
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Child custody cases are often the toughest types of cases in family court. Frequently, lawyers must call upon experts outside the legal field for assistance. In this episode of Welcome to Splitsville, we explore what a custody evaluation is, who is involved, and how it can affect your child custody case.
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On this episode of Welcome to Splitsville, we explore what a divorce coach does and explore how utilizing a coach can help you navigate your divorce. Today's conversation is with Sandra Lee, a divorce coach in Charlotte, NC, with more than 20 years of experience.
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You did the proposal, the ring, and the "yes!" Now, you're attacking your wedding planning To-Dos. The modern wedding planning to-do list frequently includes some variation of "discuss getting a prenup." On this episode of Welcome to Splitsville, we explore the question of whether you need a prenuptial agreement or "prenup."
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Often a breakup is too stressful for a person to handle on their own. Divorce attorneys are often asked for recommendations on finding a good therapist. On this episode of Welcome to Splitsville, we explore how to pick a therapist and the therapist's role in helping you through a divorce.
info_outlineDivorcing couples often find themselves at a loss when trying to determine how to handle what is often their largest asset, the family home. Who stays in the home? What does the person who is leaving the home do for a substitute home? How do you finance these decisions?
On this episode of Welcome to Splitsville, we have invited Senior Mortgage Consultant Rebecca Richardson to help answer some of those questions. With over 19 years of experience, Rebecca acts as a partner for divorcing couples as they navigate their options and develop strategies to move forward successfully with financing or refinancing a home. 3:06
Rebecca examines relevant mortgage information and guidelines divorcing couples should understand. How do shared debts, child support, and alimony factor into financing and refinancing? Because a divorcing person may be facing home-buying alone for the first time it can feel like a daunting task. Rebecca understands that a significant part of her job is to provide her clients with a sense of safety and comfort throughout the process. 4:06
She also reveals the answer to a frequently asked question, what to do if your name is associated with the debts of your partner. What debt are you legally on the hook for? For most debts, the first place to look is the agreements and contracts that formalized the debt relationship. 16:40
For more information on Rebecca Richardson and her practice, visit rebeccarichardsonmortgage.com. You can also connect with Rebecca on LinkedIn and Facebook and @The.Mortgage.Mentor on Instagram and TikTok.
The insights and views presented in “Welcome to Splitsville” are for general information purposes only and should not be taken as legal advice for any individual case or situation. Nor does tuning in to this podcast constitute an attorney-client relationship of any kind. If you’re ready for compassionate and reliable legal guidance on your journey through divorce, contact Leigh Sellers and her team at www.TouchstoneFamilyLaw.com