We live in the state of Illinois. We married in other country back in 1998 before we move to the US. Now our marriage is in trouble and we both thinking about divorce. We own a house that we bought 8 years ago. The down payment is from my money (80%) and from her money (20%). since 5 years ago I got laid off and I decided to start my own home based business. But the business didn't generate income, so basically each month the mortgage souce of payment is from my wife's paycheck.
My questions:
1. Since we are not married under US law, how should we process our divorce?
2. How is the proceed from selling our house should be divided between us?
I put large amount of money for the down payment, but she paid the mortgage during the last 5 years.
I appreciate an advice regarding this matter. Thank you.
My questions:
1. Since we are not married under US law, how should we process our divorce?
2. How is the proceed from selling our house should be divided between us?
I put large amount of money for the down payment, but she paid the mortgage during the last 5 years.
I appreciate an advice regarding this matter. Thank you.