Legal Question in Family Law in Illinois
property during seperation
If I get a legal separation, am I able to make a home purchase without having to split that property during the divorce?
Asked on 3/24/06, 2:10 pm
1 Answer from Attorneys
Zedrick Braden III
Ainsworth & Associates PC
Re: property during seperation
Hello. A legal separation has its limitations.
If you buy a home while legally separated, the
home will still be marital property. Chances are
the mortgage company would want your spouse to
sign off to protect its security interest during
the life of the loan. I will be happy to answer
any additional questions that you might have.
Answered on 3/24/06, 11:34 pm