Hi,
Can I please get a solid advice on the following?
1. The spouse remaining in the matrimonial home decided to get it refinanced and release the other one from the mortgage. How the buyout value of the matrimonial home is calculated if separated/divorced?
2. When calculating the value of the matrimonial home only the amount paid towards the principal is taken into consideration? What about the interest paid to the mortgage institution? This is a significant amount of money too and both spouses contributed to pay it while still together.
3. How can one evaluate the market value of the matrimonial at the time of separation, since this took place last year and no separation agreement is in place yet?
4. The purchase price of the matrimonial home is different than the mortgage, since a down payment was paid. Thus, the actual purchase price of the home (including the down payment) and not the mortgage is taken as a starting point, am I right?
5. I contacted few lawyers to review a draft of a separation agreement, however none wanted to do this, unless a retainer of at least 1000.00$ is paid, even they claim they charge by the hour. Neither I nor my spouse wants to go to the Court and we do not want lawyers being involved. What is the approximate price a lawyer would charge for reviewing and commenting on a separation agreement?
6. If one of the spouse claims she/he was in an abusive relationship, but this actual “abuse” consisted in verbal arguments only and no physical violence occurred (no violence, no calls to 911, no police involved), can she/he uses the notes from the marriage therapist as evidence? The word abuse is effectively and abusively used by marital therapists to convince one partner to leave the marriage.
Thanks.
Can I please get a solid advice on the following?
1. The spouse remaining in the matrimonial home decided to get it refinanced and release the other one from the mortgage. How the buyout value of the matrimonial home is calculated if separated/divorced?
2. When calculating the value of the matrimonial home only the amount paid towards the principal is taken into consideration? What about the interest paid to the mortgage institution? This is a significant amount of money too and both spouses contributed to pay it while still together.
3. How can one evaluate the market value of the matrimonial at the time of separation, since this took place last year and no separation agreement is in place yet?
4. The purchase price of the matrimonial home is different than the mortgage, since a down payment was paid. Thus, the actual purchase price of the home (including the down payment) and not the mortgage is taken as a starting point, am I right?
5. I contacted few lawyers to review a draft of a separation agreement, however none wanted to do this, unless a retainer of at least 1000.00$ is paid, even they claim they charge by the hour. Neither I nor my spouse wants to go to the Court and we do not want lawyers being involved. What is the approximate price a lawyer would charge for reviewing and commenting on a separation agreement?
6. If one of the spouse claims she/he was in an abusive relationship, but this actual “abuse” consisted in verbal arguments only and no physical violence occurred (no violence, no calls to 911, no police involved), can she/he uses the notes from the marriage therapist as evidence? The word abuse is effectively and abusively used by marital therapists to convince one partner to leave the marriage.
Thanks.
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