mediator: Do It Yourself Divorce and Uncontested Divorce – But what about the upside down house debt?
- 05/19/11 12:25 AM
Divorced or divorcing spouses often call me to help them sell their house. Sometimes they say they have a very simple divorce. No kids, no complicated assets to divide up. Just a mutually agreed upon decision to part ways. “There is that house we need to sell. But, there’s no equity to split, so it’s not a problem. We owe more than it’s worth.” I’ll ask, “What does your divorce attorney say about that?” “We’re not wasting money on lawyers. We went to the court house and got a do-it-yourself divorce packet, filled it out ourselves and filed,” comes the reply. (3 comments)