A New York husband used a loan secured against his own home to help buy a marital property; after the couple divorced, an October 22 court ruled the debt must be paid from their joint home's sale proceeds
- A New York appeals court has ruled that a husband who borrowed money against a home he owned before marriage is entitled to have that debt paid in full from the proceeds of selling the couple's jointly owned marital home.
- The ruling was issued on 22 October 2026 by the New York Supreme Court, Appellate Division, First Department, in the divorce case Menkes v Menkes.
- The decision explains how New York's divorce laws treat debts taken on by one spouse to buy a shared family home.
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- A New York appeals court has ruled that a husband who borrowed money against a home he owned before marriage is entitled to have that debt paid in full from the proceeds of selling the couple's jointly owned marital home.
- The ruling was issued on 22 October 2026 by the New York Supreme Court, Appellate Division, First Department, in the divorce case Menkes v Menkes.
- The decision explains how New York's divorce laws treat debts taken on by one spouse to buy a shared family home.
Sources: Times of India