Home     Law Advice     Insurance Advice     Community    
Go Back   FreeAdvice Legal Forum > FAMILY LAW > Divorce, Separation & Annulment

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 07-19-2004, 07:11 PM
Member
 
Join Date: Oct 2003
Posts: 48
Post

My lawyer & I disagree


What is the name of your state?What is the name of your state? IL

My lawyer and I can't agree about the following:

As part of our divorce settlement, my husband wants the downpayment money back he put down when we bought our house seven years ago. The money came from a previous property we lived in together (before we were married), but only his name was on that title. The home we bought seven years ago was purchased AFTER we were married and is in both of our names.

My lawyer said my husband has a right to receive the money back, while I believe he shouldn't because it became marital property once it was placed into a joint mortgage.

Who is right? Also, is there any "official" legal documentation I can see for myself on the Web(or possibly show my lawyer, if I am correct)? Thanks.
  #2  
Old 07-20-2004, 08:05 PM
Senior Member
 
Join Date: Jul 2001
Location: California
Posts: 1,154
Califonia
Your attorney is correct. Ex gets back his down payment and then you split the balance of the equity.
If you have a written letter from ex saying he was gifting you with half of the first house, that is another story.
  #3  
Old 07-21-2004, 07:49 AM
Senior Member
 
Join Date: Jun 2004
Location: "Harvey and Me"
Posts: 25,177
Quote:
while I believe he shouldn't because it became marital property once it was placed into a joint mortgage.
And, just to clarify, whomever told you the above is an idiot. The mortgage and property are two completely separate entities. You both may have owned the mortgage but he alone owned the house.
__________________
Just because I'm a miserable human being doesn't mean I'm not right...
  #4  
Old 07-21-2004, 09:39 AM
Member
 
Join Date: Oct 2003
Posts: 48
whomever told you the above is an idiot. The mortgage and property are two completely separate entities. You both may have owned the mortgage but he alone owned the house.

No, we BOTH own the house and the mortgage. Both names are on it. The first property (a condominium) is what was sold and he used some of the money from that sale toward the downpayment on the house, which we both own....in title and mortgage (although he has stopped paying the mortgage seven months ago).
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 06:45 AM.



IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.