Q: will I get 1/2 of the equity?
Hi,
I am filing for divorce, we bought a house together under his name only after we had a foreclosure under my name. We were married a year after. we both have always paid 1/2 of the bills and even the down payment for the house was 1/2. we refinance and added my name 3 years ago. I do not want to continue living there, I want to built a new home for me and my kids after the divorce and start fresh. I just want to make sure that I do get my 1/2 and that me and the kids do not get screwed.
A: In Arizona you are entitled to 50% of the community assets and responsible for 50% of the community debt unless you have evidence to clearly demonstrate why there should be an inequitable distribution.
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