The Illinois Family Lawyer

Commentary on the practice of family law (and other riveting subjects) from a Chicago lawyer

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Location: Chicago, Illinois, United States

Saturday, March 03, 2007

Saw this nugget in the Tribune recently, Single Parent Properties. Essentially it's a mortgage brokerage that focuses on helping single parents and recent divorcees.

The bigger issue I think is that people don't change their lifestyles enough post-divorce. In many situations, the parties' income has just been cut in half and yet people often think they can live in the same home and neighborhood, ect. And that's leaving aside the risk that the obligor/payer parent (child support, ect.) doesn't pay support regularly...then it's even worse.

Taking a good hard look at your financial life immediately upon a divorce and possibly sitting down with a financial advisor is time well spent.

1 Comments:

Blogger Pikes Peak Parent said...

Hi Peter,

Thanks so much for mentioning Single Parent Properties in your blog. Just wanted to let you know that we're not a mortgage brokerage or a real estate firm. We do not make any money off of our clients' loans, nor do we offer them any loans at all. We're a free service that helps them with credit issues and connects them with nonprofits for homebuyer education classes and other services. Then we connect them with Realtors and lenders who are pre-screened for their ethics and professional abilities. Again, we appreciate the mention. Please don't hesitate to call or email me with any questions. Thanks,

Kerry McGinley
Communication Director
Single Parent Properties
www.singleparentproperties.com
719-536-5855
kerrymcg@aol.com

12:16 PM  

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