Category: Debt Division

Dividing Debt in Your Divorce: How Does it Work?

Most individuals have many concerns during a divorce. However, fewer are as troubling as the division of debt.

Most couples have credit card debt, student loans, a mortgage, car loans, and other sources of debt at the time of divorce. Combined, this can be overwhelming when you consider what portion will be “yours” when you divorce.

It’s important to remain calm when you consider any issues in your case, including the division of debt. Below, we offer a general overview of what to expect to put your mind at ease and answer your questions as you consider or begin the divorce process.

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