Articles & Blog

Dividing the Equity in Your Marital Residence – 4 Formulas

This article will help you understand how courts divide and distribute the equity value in your marital residence when there has been a commingling of non-marital money with marital money.

It is based on Virginia law and practice; but will be helpful to divorcing couples in many places who are seeking a fair method of sharing the equity in their marital residence.

Divorce and Your Mortgage – What you need to Know

The Big Questions

There are two major questions you will face when dealing with the marital residence during divorce:

Who keeps the house? What happens to the mortgage loan?

Before we jump into the options, there is one important thing to understand: the house and the mortgage loan against the house are two separate things.