Spousal Stripping

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Dictionary Says

Definition of 'Spousal Stripping'

An equity-stripping technique used to reduce the equity in a property in order to avoid foreclosure by creditors. Spousal stripping is simply the process of quit-claiming the title of a property to a spouse in order to transfer ownership and protect the asset.
Investopedia Says

Investopedia explains 'Spousal Stripping'

Spousal stripping is one of the most common methods used to strip equity from a property to avoid creditors. The most obvious reason for its popularity is that it is very cost efficient and relatively easy to do. However, spousal stripping is often an ineffective strategy because creditors and attorneys are very knowledgeable of the technique and it can be easily detected. Also, the rise in divorce rates puts the property owner at risk of losing the asset.
Search results for

'Spousal Stripping'

  • Equity Stripping Leaves Creditors Empty-Handed

    http://www.investopedia.com/articles/mortgages-real-estate/09/equity-stripping-assets.asp
    ... Traditionally, the most common form of equity stripping (known as spousal stripping)
    was to quitclaim the title to a spouse who was less likely to be sued for ...

  • Investment Alternatives To Costco

    http://stocks.investopedia.com/stock-analysis/2011/Investment-Alternatives-To-Costco-COST-WMT-BBBY-SPLS-BBY1012.aspx
    ... Total same-store sales for the year advanced 7%, but this would have been
    a more modest 5%, when stripping out these two items. ...

  • Heinz Has Bottled Predictability

    http://stocks.investopedia.com/stock-analysis/2011/Heinz-Has-Bottled-Predictability-HNZ-SYY-SVU-UN-UL-KFT0829.aspx
    ... Outlook For the full year, Heinz projects sales growth between 7% and 8%
    when stripping out foreign currency fluctuations. Analysts ...

  • MGM Resorts Slowly Improving Its Fortunes

    http://stocks.investopedia.com/stock-analysis/2011/MGM-Resorts-Slowly-Improving-Its-Fortunes-MGM-LVS-WYNN-BYD-PENN0811.aspx
    ... This worked out to earnings of $6.22 per share, but stripping out this gain
    resulted in an operating loss of about 5 cents per share. ...

  • Clorox Weighs Its Options

    http://stocks.investopedia.com/stock-analysis/2011/Clorox-Weighs-Its-Options-CLX-PG-KMB-UN-UL0808.aspx
    ... Yet based on the recent guidance for the coming year, earnings could rise as much
    as 9.4%, when stripping out what management considers to be one-time and non ...

  • Tiffany's Stellar Near-term Growth

    http://stocks.investopedia.com/stock-analysis/2011/Tiffanys-Stellar-Near-term-Growth-TIF-ZLC-SIG-NILE-JWN0829.aspx
    ... Second Quarter Recap Net sales jumped 30% to $872.7 million and a still-strong 24%
    when stripping out the effects of positive currency fluctuations. ...

  • Medtronic's Healthy Growth Outlook

    http://stocks.investopedia.com/stock-analysis/2011/Medtronics-Healthy-Growth-Outlook-MDT-SYK-BSX-JNJ-STJ0828.aspx
    ... The restorative therapies segment reported a 6% sales increase, as international
    again led the way with 22% growth, or 10% when stripping out currency ...

  • Eaton's Growth Still Industrial Strength

    http://stocks.investopedia.com/stock-analysis/2011/Eatons-Growth-Still-Industrial-Strength-ETN-SI-EMR-HON-CAT-CMI-PLL0730.aspx
    ... more than 21%. Stripping out acquisitions, foreign currency and the like,
    organic growth was more on the order of 14%. Unusual for ...

  • Ralcorp Needs To Offer More

    http://stocks.investopedia.com/stock-analysis/2011/Ralcorp-Needs-To-Offer-More-RAH-CAG-GIS-K-KFT-THS-CPB1130.aspx
    ... Stripping away charges, accelerated amortization and so on, the core profitability
    of the private label business looks pretty good, and perhaps the decision to ...

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