Episode Details

Ever wondered what the deal is when it comes to mortgages during a divorce or de facto separation under Australian law? In this episode, we tackle the daunting topic head-on. Together with my mother, Lynette Galvin, a family law expert with 35 years of experience, we address commonly asked questions about mortgage responsibilities, court handling of joint mortgages, and strategies for dealing with uncooperative ex-partners before you've gotten your property settlement. Whether you're dealing with domestic violence, financial uncertainties, or high-conflict situations, this episode provides some insight into this complex issue within the context of Australian law. (Please always see a lawyer for independent legal advice this is just an educational discussion not legal advice)

Listen to this Episode If You:

• 😫 You're feeling overwhelmed by the idea of managing a mortgage during a divorce or separation.

• ❓ You have questions about who is responsible for paying the mortgage after separation.

• ⚖️ You want to understand how courts handle mortgages in property settlements.

• 🗣️ You're dealing with an uncooperative ex-partner regarding mortgage payments.

• 🏦 You need strategies for communicating with banks about mortgage issues.

• 🆘 You're experiencing domestic violence and need advice on handling your mortgage.

• 📊 You're unsure about the contributions and what counts in property settlements.

• 📈 You want to know the impact of rising property values on mortgage and divorce property settlements.

• 📝 You need clarity on consent orders and their role in property settlements.

• 🚧 You're in a high-conflict situation and need tips on maintaining boundaries.

What happens with Mortgages During Divorce & De Facto Separation?

Key Ideas in this Episode:

• 🏡 The intimidating nature of handling mortgages during divorce or de facto separation.

• ❓ Common questions about mortgage responsibilities after separation.

• 🕒 Importance of getting timely legal advice and understanding your financial situation.

• 🛡️ Strategies for dealing with mortgage payments during domestic violence situations.

• ⚖️ Different scenarios for mortgage responsibility: breadwinner vs. homemaker.

• 💼 Contributions in property settlements and what the court considers.

• 🏦 Court's approach to handling joint mortgages during property settlements.

• 📈 Impact of rising property values on mortgage settlements and the importance of acting quickly.

• 📝 Role and process of consent orders in mortgage settlements.

• Listen Now