Divorce Advice for Men | Fathers Rights Divorce | Child Custody

Question:

I refinanced the marital home five years ago to pay off my wife in our divorce. There was a balance left, and we agreed to wait five years and either refinance or sell the home to pay the balance.

The value of the house dropped substantially, and there is no equity left. Can I insist she wait until the value of the home recovers before selling or refinancing?

Question:

My wife was awarded the marital home so the title is now in her name, but the mortgage is still in both of our names. So I have this mortgage liability yet no rights to the asset.

I can't buy a car or get myself a mortgage because her mortgage is still in my name. Do I have to wait until her mortgage is paid off or for her to refinance in order to no longer have this mortgage follow me around?

Would I be liable if she defaults on the mortgage?

Question:

Before I got engaged, I made a down payment on a piece of property that I built my house on. During the time the house was being built, my wife and I married before closing on the home.

The home is in both of our names, but the loan is only in my name.

Does she have any rights to the money I put up as down payment on the property before we were married?

Question:

We live in a house that is currently in my mother-in-law's name but will be inherited by my wife, according to her mother's will.

My wife and I have discussed divorce and she claims that I have no ownership interest in the property despite the years of renovations I personally have done to the house.

Is she correct that I have no claim to the value of this house?

In this week's edition of Money Made Easy, host Dan Danford answers this financial question from a viewer: I bought a house a couple of months ago and it seems like every other week I get a letter saying my mortgage has been sold again. Can you explain why mortgages are constantly being sold?

Danford, MBA, CRSP of Family Investment Center, explains the financial reasoning behind buying and selling loans.