Tag Archives: Marital Debt
What Happens When My Ex-Spouse Does Not Pay the Debts Assigned to Them in Divorce?
It is an all-too common scenario—one or more joint debts are allocated to one spouse in a divorce, and that spouse, whether out of spite or necessity, does not pay the debt. As a result, both spouses’ credit scores suffer. In some instances, the other spouse goes so far as to file bankruptcy. Whether… Read More »
What Does “Equitable Distribution of Marital Property” Mean?
Couples getting divorced in Florida are allowed to decide how to divide their assets and debts, if they can agree how to do so. If a couple can’t agree, then a family law judge will make the determination for them in accordance with the theory of equitable distribution. This article provides a brief overview… Read More »
