What happens when you divorce and you own a home together?

What happens when you divorce and you own a home together?

In most cases, you and your spouse have owned the house jointly, and you owe money on the mortgage jointly. Usually one of you will be moving out, and the other will plan to stay in the house and continue making the payments.

Can you be divorced and live in same house?

Traditionally, when a couple decides to end their marriage, one of the first steps is for one or both spouses to find a new place to live. However, there are reasons why a couple may continue to live under the same roof even after deciding to divorce. In most states, divorcing couples are allowed to live together.

What to do after telling your spouse you want a divorce?

Once you tell your spouse that you want to separate or divorce, you cannot take those words back. So, take your time and carefully think through your decision. You may want to consult with a family therapist or discuss your decision with your parents or closest friends. Don’t threaten divorce in an argument.