Sometimes neither spouse can keep the family home because they cannot qualify for the mortgage on their own and they may not be able to find a cosigner. Also, one spouse may need to pay the other out if they keep the home because keeping the family home means that they will have more of the total family assets and property. When spouses separate, all assets and debts needs to be identified and valued to determine who will get what.
The family lawyers from Crossroads Law located in Vancouver BC and Calgary AB have a client centred approach to help you successfully navigate the family law system. Our experienced family and divorce lawyers author these blogs to provide you insight and to help you through this challenging time.
The Calgary and Vancouver family lawyers at Crossroads Law pride themselves on being up to date on all the latest developments in the law in both Alberta and British Columbia respectively. We offer a wide variety of legal services in every area of family and divorce law matters. For more information on family law and if you are interested in a consultation to learn more click here.