Johnstown, PA asked in Divorce for Pennsylvania

Q: May amounts paid for mortgage deviation be credited back against the settlement if the other person keeps the home.

My husband is claiming that when we go thru the settlement process that he should get an amount back since the value of the home is at date of separation less the mortgage balance at date of separation since I am keeping the house.

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1 Lawyer Answer
Eric Trajtenberg
Eric Trajtenberg
  • West Chester
  • Licensed in Pennsylvania

A: It seems like your husband may be confounding issues by making statements that include the issues of the mortgage deviation and the date of valuation of marital assets. I recommend that you contact an attorney prior to signing a Property Settlement Agreement or otherwise agreeing to terms concerning the distribution of equity in the residence.

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