New Home and Property Distribution


#1

If she signed the contract then she is liable for half. However, I would confront her with your feelings and if she is indeed wanting to leave, then I would see what it costs to break the contract on the house. It HAS to be cheaper than keeping it. Just a thought.

As far as different scenarios go, you need look no further than the hundreds and hundreds of scenarios on this site.


#2

Since you requested guidance about information and links to the law specifically, I wanted to point out the legal issues addressed by the facts your presented: Child custody (see also child support), spousal support, alimony and equitable distribution.

In addition to the wealth of information on the Rosen web site, you can go to www.findlaw.com and search for State Law and select NC. Then choose to browse the table of contents. Most of what you need is in Chapter 50 of the NC General Statutes.

About the marital residence, assuming you decide to make the purchase, this would be part of the financial settlement. If you could not afford to keep the home, your best route to dealing with this decision is to seek some cooperation by your spouse to agree to look at the big picture of your situation. All assets and debts and the needs of two households. Seeking a neutral financial person’s input would be very helpful. This may be all you need to do to get your spouse to see the reality of your financial decisions. Ultimately, when parties cannot decide what their settlement should be, they seek mediation, collaboration or if all else fails, a judge could decide for you.

I would strongly suggest that if you do end up separating that you seek a collaborative attorney to help you get through the process. If at all possible, guide your spouse to our web site about collaborative law. Families are able to move on much better and co-parenting is preserved for your child. Hope this helps.

Deborah M. Throm
Rosen Law Firm
1829 E. Franklin Street, Bldg. 600
Chapel Hill, NC 27514
919.265.0017 direct
919.321.0780 main voice
www.rosen.com
Email: dthrom@rosen.com

4101 Lake Boone Trail
Suite 500
Raleigh, NC 27607
919.256.1544 direct
919.787.6668 main voice

301 McCullough Drive
Suite 510
Charlotte, NC 28262
704.644.2531 ext. 100


#3

I just signed a contract to buy a new house. I will be closing the house in another 6 months. Meanwhile, I am getting suspicious about my wife might be going in the direction of breakup due to some factors that she is trying to find fault with me. Howver, I am not interested in divorce.

She is dependent on me and I would like to know, what is the worst that could happen to me financially, in case she disagree to sell the house when we don’t occupy the house for long. We also have a small child less than 1 year old.

I would appreciate anybody can direct me to some links to law in North Carolina with details of different scenarios.