Merrell Law Firm, LLC
205-874-9697

March 2019 Archives

Refinancing or assuming a mortgage in a divorce

Divorcing spouses often wish to remain in the family home they have lived in for many years. This presents no challenges when an agreement can be reached and primary residences are owned free and clear, but matters become more complicated when a mortgage is involved. In these situations, Alabama spouses usually decide between assuming a joint mortgage and taking out a new loan. Departing spouses generally require joint mortgages to be assumed or paid off as they would otherwise remain financially responsible and could be pursued for payment if the loan fell into arrears.

Study finds that young people are much likelier to be arrested

Young people in Alabama and around the country have a much greater risk of being arrested than do older adults, according to a study. People who are younger than age 26 are much likelier to be arrested, and the rates of arrest for women and Caucasian people are increasing the fastest.

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The Merrell Law Firm, LLC 101 Riverchase Parkway East Hoover, AL 35244 Phone: 205-874-9697 Fax: 205-453-7184 Hoover Law Office Map

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