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  #11  
Old 10-30-2009, 01:55 PM
coadie coadie is offline
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Re: Tough economy hurts divorce trades

If they own a condo together and it can't sell at all, the party not living in it, can't get out of the debt.
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  #12  
Old 10-30-2009, 01:57 PM
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Re: Tough economy hurts divorce trades

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Originally Posted by DividedThigh View Post
only degrees of loss, dt
Very true.
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  #13  
Old 10-30-2009, 02:00 PM
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Re: Tough economy hurts divorce trades

If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.

Oh I was too busy to comment earlier.
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Last edited by Baron1710; 10-30-2009 at 02:04 PM.
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  #14  
Old 10-30-2009, 02:10 PM
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Re: Tough economy hurts divorce trades

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Originally Posted by Baron1710 View Post
If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.

Oh I was too busy to comment earlier.
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.

Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
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  #15  
Old 10-30-2009, 04:19 PM
coadie coadie is offline
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Re: Tough economy hurts divorce trades

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Originally Posted by Baron1710 View Post
If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.

Oh I was too busy to comment earlier.
So if the primary asset is the house, the tricky one is to divide the liabilities.
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  #16  
Old 10-30-2009, 04:21 PM
coadie coadie is offline
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Re: Tough economy hurts divorce trades

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Originally Posted by rgcraig View Post
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.

Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
Or the employed one risks a layoff.
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  #17  
Old 10-30-2009, 05:20 PM
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Re: Tough economy hurts divorce trades

Quote:
Originally Posted by rgcraig View Post
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.

Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
Actually you can get a divorce and continue to live together in many states. Living separate and apart in DC, is understood as not living as husband and wife but more like roommates.
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  #18  
Old 10-30-2009, 05:31 PM
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Re: Tough economy hurts divorce trades

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Originally Posted by Baron1710 View Post
Actually you can get a divorce and continue to live together in many states. Living separate and apart in DC, is understood as not living as husband and wife but more like roommates.
Well, that would work logistically, but in most cases I don't think it would be ideal - lol!
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