Home equity


#1

I currently have a joint line of credit and my husband is trying to get his own loan.
I wanted to use the HE to pay an atty’s fees. If I freeze the acct, I cannot use it either.
Since I am a SAHM with no income does he have to pay my atty fees anyway? So,
I should go ahead and freeze that loan because it is marital debt?


#2

You may be entitled to an award of attorney’s fees, depending on the findings of the court. In order to protect yourself and the value of the marital estate I do recommend you freeze the equity line.