Legal Question in Family Law in Virginia
Been divorced2years property has not sold yet can i legally take out a home equailty loan on my half? or move on the property?
Asked on 10/23/09, 7:28 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
If the property settlement agreement in your divorce requires that this property be sold, taking out a home equity loan would not seem to be in furtherance of that objrctive and, perhaps, could cause you to be found in contempt of court if your former spouse opposed it and decided to take the matter back before the court.
Answered on 10/31/09, 10:21 am