A Treatise On the Law of Divorce And Annulment of Marriage : Including the Adjustment of Property Rights Upon Divorce ..
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He may negotiate a mortgage subject to it. Or he may pay the entire sum and thereby remove the lien from his real estate.
In many states the practice appears to be to require the husband to execute ar mortgage for the gross sum allowed by the court. Experience has shown that such securities are not as desirable as the decree for a gross sum, as the wife may be compelled to resort to the expense and delay of a foreclosure. The decree for a gross sum has the advan- tage that, on the failure to pa...y any amount due, execution may issue at once. The permanent allowance being in the nature of a final settlement, payable in instalments, is a 1 WilUams v. Williams, 36 Wis. 362; McClung v. McClung, 40 Mich. 493.
§ 932.] THE DECREE FOE ALIMONY. 877 fixed debt, and each instalment draws interest from the time it becomes due.^ § 932. When the permanent allowance terminates.— "When the alimony is payable in instalments the decree should specify the period during which it is to be paid, and the time when it will terminate.
What to read after A Treatise On the Law of Divorce And Annulment of Marriage : Including the Adjustment of Property Rights Upon Divorce ..?
You can find similar books in the "Read Also" column, or choose other free books by Callaghan And Company to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He may negotiate a mortgage subject to it. Or he may pay the entire sum and thereby remove the lien from his real estate.
In many states the practice appears to be to require the husband to execute ar mortgage for the gross sum allowed by the court. Experience has shown that such securities are not as desirable as the decree for a gross sum, as the wife may be compelled to resort to the expense and delay of a foreclosure. The decree for a gross sum has the advan- tage that, on the failure to pa...y any amount due, execution may issue at once. The permanent allowance being in the nature of a final settlement, payable in instalments, is a 1 WilUams v. Williams, 36 Wis. 362; McClung v. McClung, 40 Mich. 493.
§ 932.] THE DECREE FOE ALIMONY. 877 fixed debt, and each instalment draws interest from the time it becomes due.^ § 932. When the permanent allowance terminates.— "When the alimony is payable in instalments the decree should specify the period during which it is to be paid, and the time when it will terminate.
What to read after A Treatise On the Law of Divorce And Annulment of Marriage : Including the Adjustment of Property Rights Upon Divorce ..?
You can find similar books in the "Read Also" column, or choose other free books by Callaghan And Company to read onlineMoreLess
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