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Old Jun 06, 2006, 07:21 AM
Anonymous29319
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Basically what is going to happen next is the two of you will be sitting down most likely with a mediator or your lawyers. Each side makes up an itemized list of what is in the house and its monetary value and when you are sitting down deciding who gets what both sides chooses items of equal value. If the two of you can't agree then a judge sets down who gets what besed on the items monetary value. Monetary value is not necessarily what you paid when you bought the item. in some places monetary value is what you would recieve if the judge ordered everything liquidated (sold) as is and as appraised if it was sold by you today.

For example - you get the washer he gets the dryer or vice versa or both items are sold and both get half the money from the sale. Or if he wants something that equils the monetary value of the combined washer and dryer he would get the expensive item and you get the washer and dryer. or vice versa.

Basically both sides get equal amount monetary wise either by way of agreement or by the judge liquidating assets and then splitting the money equally between the two of you.