Most people who get divorced decide to sell their house. If they own the home together, this is the easiest option. For one thing, this gets them both off of the joint mortgage that they signed together. For another, it means that they earn money in the sale of the...
Property Division
How is debt handled in a Colorado divorce?
The division of marital wealth is a significant part of many a divorce. However, not everyone understands how things work, more so when it comes to apportioning debt. Yet, the financial obligations you will have to shoulder when the divorce is crucial in planning for...
Ensuring you receive an equitable portion of marital assets
No one enters into a marriage expecting it to end in divorce, but unfortunately, it does happen far too often. When going through a divorce, one of the most important things to consider is how you will divide the marital assets. You could receive far less than you...
Protect your credit during property division in a divorce
People who are going through a divorce have a lot to think about. While you might be focused on making sure the assets are divided properly, there’s one more thing to consider: Your marital debts. Marital debts are often a challenge to deal with because property...
What factors influence the equitable division of your assets?
In Colorado, as in many other states, the law requires the fair, just or equitable division of marital property when a couple divorces. In theory, whatever you buy or earn during your marriage belongs both to you and your spouse. If you don't have a marital agreement...
3 examples of dissipation that could affect your Colorado divorce
When you file for divorce in Colorado, you and your spouse must disclose your property to one another and the courts. Unfortunately, some people will try to game this process by engaging in unethical behavior. Some people hide assets and lie about what they own....
You want to keep the family home in the divorce: Should you?
There are many different ways that you can handle your home in a Colorado divorce. Keeping the property is only one option. You could convert it to a rental or agree to sell it and share any proceeds from the transaction with your ex. Some people immediately assume...
Where should you look to learn if your spouse is hiding assets?
You probably do not need anyone to tell you that divorce can bring out a person’s worst behavior. Still, for those getting divorced in Broomfield, Colorado, it cannot hurt to revisit this issue, especially if you want to do all you can to ensure a fair property split....
How do you split your debts in a Colorado divorce?
When a couple decides who gets what in a divorce, the focus is quite frequently on who gets to keep certain assets. The house, the retirement accounts and even the pets in the family will be focal points in the process. Your credit card balances or student loans are...
You’re getting a divorce: What happens to the house?
Your home may be the single biggest asset you and your spouse have. It may also be the most complex issue you face when it comes time to divide up the marital property. You can’t, after all, simply divide a house in two and carry off your share. So, what can you do...
