DuPage County Foreclosures Impact Divorced Spouses Living Together
In recent years, the number of Illinois couples filing foreclosure papers has increased significantly. While Illinois has been one of the states that has been hit hardest by financial issues, much of the nation currently suffers from similar problems.
For couples going through a divorce or considering one, declines in the housing market are forcing tough decisions and giving rise to some interesting living arrangements. Even couples who have already been legally separated now often find themselves sharing a home — sharing chores, time with the children, dinners, and the other intricacies of day-to-day "family living."
It may seem like an unusual situation, but the "divorced roommates" phenomenon is far from rare. While some divorced couples have worked out a smoothly operating plan and exist in relative peace, this is almost always a choice made of necessity, not desire.
Even though most divorcing couples put their house up for sale, the struggling economy often means fewer potential buyers. When homebuyers do appear, there are so many houses to choose from that the chances of finding a buyer and acceptable price may be slim.
With Illinois ranking in the top ten nationally for foreclosures, it may take some time for things to improve.
Contact Our Wheaton Divorce Attorneys
For those couples continuing to stay in a single home despite changes in family dynamic, the increasing number of families in their situation shows that, while potentially difficult, co-habiting during a divorce is possible. If you are considering such an arrangement, however, you should be aware of potential legal roadblocks that may arise. At Andrew Cores Family Law Group, our attorneys can help you determine how to save money during a divorce. Contact us at 630-407-1225 to discuss divorce-related issues in a free consultation.
