Can a Home be Repossessed During a Divorce?
With the crash of the housing market and unstable economic times, many marriages are stressed. It stands to reason that some of these marriages that are stressed from bills piling up and jobs being few and far between will fail. But many in this situation will wonder, can our house be foreclosed upon while we are going through the process of divorce?
Unfortunately, in most cases a home may be subject to foreclosure, even when divorce is looming. There are, however, methods which may help make the foreclosure of your home and divorce a smoother transition.