Not exact matches
The exception for
qualified domestic relations orders (QDROs) does not apply (although a special rule applies to a tax - free transfer made directly to an IRA of a spouse or former spouse
as part of a divorce or
separation agreement).
Not all mortgages have this option, however once there is a
separation or divorce
agreement and
as long
as the spouse who wishes to stay
qualifies on their own or with a new co-borrower, this process can be the path of least resistance.
§ 523 (a)(15)-- Debts owed to a former spouse pursuant to a marital
separation agreement, but which do not
qualify as Domestic Support Orders.
** MEDIATION In addition to counseling, Terry is a trained mediator who is
qualified to to mediate
separation agreements, divorce, and child custody mediation
as well
as family mediation.