Aug 17, 2021 | Property Division, Settlement Agreements
Summary: While there is no deadline imposed otherwise, the parties to a Pennsylvania low-cost, simple, uncontested, no-fault divorce are free to decide when the agreed assets will be transferred to the respective parties. In an expensive, contested action, the Court...
Apr 30, 2021 | Settlement Agreements
Even if real estate, the marital residence (or former marital residence if one party has moved out) has multiple mortgages, lines of credit or home equity loans and even if one is in such a home “upside-down”, names can be added to or removed from the...
Mar 30, 2021 | Property Division, Settlement Agreements
Under Pennsylvania’s divorce laws, virtually everything that comes into a spouse’s possession while the couple is married AND living together (cohabiting) is considered part of the marital estate and is subject to being equitably (economically fair, not...
Jun 9, 2020 | Children, Settlement Agreements
Quick Answer: How do you modify child support after a Pennsylvania divorce? After a Pennsylvania divorce – or before or during one for that matter – if circumstances change for either parent, such as an increase, decrease or loss or gain of income or the...
Apr 22, 2020 | Settlement Agreements
Quick Answer: What happens if my name is on the deed, but not the mortgage? When a divorcing couple owns or is buying their home (or other realty), they frequently have a deed and a mortgage, typically with both names on each. Selling the property and dividing up the...
Mar 25, 2020 | Settlement Agreements
Whether or not a divorce qualifies as a “hardship” for a 401(k) withdrawal is not up to the Court. That decision would rest with the rules controlling your specific account. That said, if, as a result of your final decree in divorce (or another Order of...
