Coodin & Overson, PLLP
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March 2019 Archives

Approaches to removing a name from a mortgage in a divorce

Minnesota couples who are divorcing do not always choose to sell their marital home and divide the proceeds. When one party plans to keep a home that has a mortgage, the loan needs to be refinanced in that person's name or assumed by the person when possible. Few people choose to leave both names on a mortgage after a divorce because liability for payments would remain the obligation of both people, including the one who is no longer living there.

Age and the likelihood of arrest

People in Minnesota and the rest of the United States who are younger than 26 years of age have a higher chance of being arrested than people who belong to older generations. This is according to a study that was done by researchers from a nonprofit research corporation that conducts public policy investigations. The researchers also state that the rates of arrests for women and white Americans are growing the fastest.

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