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A wife has the same rights as her husband to seek her fair share in divorce matters, such as property division and alimony (spousal maintenance). Each of these issues is determined separately during divorce, with its own guidelines and factors to consider.
Lenders usually have liens on houses. So if the spouse whose name is on the mortgage does not pay, the bank can foreclose to recover their money. Since your name is in the deed after the house owes you money, it will not matter if your name appears on the deed or not.
How long do you have to be separated before divorce in Colorado? In this state, the legally separated party is required to wait six months before they can pursue a divorce. This means the waiting period begins when the separation decree is put in place and at the end of that six months the spouse may request a divorce.
Understand Colorado Divorce Requirements. Before starting the divorce process, it's crucial to understand the specific requirements in Colorado. ... Consult with an Attorney. ... Prepare Your Divorce Forms. ... Serve Your Spouse. ... Complete and File Documents. ... Attend a Court Hearing (If Agreement Not Reached)
If your name and your ex-spouse's name remain on a mortgage after you divorce, your marriage may be over, but your financial responsibility isn't. As long as both names are on the mortgage, the lender holds both of you responsible for the debt.