Legal Question in Family Law in Maryland
division of property
My name is on both deed and mortgage and have been married for 7 years. I'm divorcing now and have a buyer for the house, but my lawyer said that if she files a motion to freeze my assests i can't sell the house and transfer the title to the new owner. I am not going to hide the money from her, i'm just in financial debt and need the money to pay all the bills and I will give her share to her. Is this true?
Asked on 3/31/08, 4:07 pm
2 Answers from Attorneys
G. Joseph Holthaus III
Law Offices of G. Joseph Holthaus
Re: division of property
Yes. Speak to your attorney for advise.
Answered on 3/31/08, 9:26 pm
Robert Sher
Wagshal and Sher
Re: division of property
As long as the sales proceeds are preserved for marital distribution there is no reason to stop the sale. I suspect she doesn't want that either. The two of you ought to be able to work out an agreement on this.
Answered on 3/31/08, 4:38 pm