Navigating Financial Struggles as a Single Parent: Seeking Solutions Amidst Abandonment

1 min read
Source: MarketWatch
Navigating Financial Struggles as a Single Parent: Seeking Solutions Amidst Abandonment
Photo: MarketWatch
TL;DR Summary

A woman seeks advice on what to do after her husband left her and their two children, refusing to pay the mortgage. She cashed out her retirement account to buy their home, but now her husband wants 50% of the house when they sell it in the future. She wonders if she should receive a higher percentage due to her financial contributions and responsibilities. Seeking legal counsel is recommended, as the longer the situation goes unresolved, the harder it will be to ensure her husband pays his fair share. Options include selling the house, refinancing the mortgage, or buying out her husband's share. Child support payments may also need to be renegotiated.

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