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After a lengthy legal process Sandra and Michael just concluded their divorce. As part of their divorce decree, the Courts order awarded Michael the house and required Michael to pay the outstanding joint mortgage balance. Michael felt he was paying too much to Sandra in child support. In order to make ends meet, Michael failed to pay the mortgage on the home in a timely manner.
All property and debts are distributed equitably in a Wisconsin divorce. Either the couple can reach an agreement about property division or the court will divide the property. The only property that will not be divided by the court is property that is inherited or received as a gift.
|Your Right to Child Custody, Visitation & Support
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"A Plain English Guide to Protecting Your Children"
Author: Mary L. Boland, Attorney at Law
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