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In compliance with Bill 14 S(10) Access to Justice Act 2006, Partners Part Peacefully ® does not provide legal advice (the application of legal principles to an individual's specific circumstances). If you require legal advice or legal services please contact a lawyer.  Partners Part Peacefully ® is a Registered Trademark of Hazel Lamarre.

© Partners Part Peacefully ®. Proudly created by Mr Premier at Coach d'Affaires Canada. Coachdaffaires.ca

Mortgages and Divorce

May 8, 2015

 

Review the details of the mortgage on the matrimonial home when ending the marriage.  Make sure you know when the mortgage renewal date is.  If you are going to leave, make sure it is before the renewal date.  Leaving after the renewal date will mean that you have to pay penalties to cancel the mortgage. Some couples try to get creative with their ideas around the mortgage which inevitably become bigger issues and more frustrating further down the road.  Save yourself from a financial divorce issue by reviewing your mortgage and planning accordingly.

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May 12, 2015

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