Divorce Debt
We guide you step-by-step through the entire divorce process
More than just property needs to be divided during a divorce. Just like everything else you shared during your marriage, debt will also need to be divided in order to be paid off. This includes debt on your mortgage, credit cards, car payments, and other loans. In addition, many separating couples do not realize that the cost of a lawyer and the legal proceedings during a divorce can also be considered marital debt and therefore also negotiated in your divorce proceedings. Just because you may have kept finances separate during your marriage does not mean debt is all “separate” in divorce. Courts look at marital debt as one big “marital pot” of debt. Courts do not care if one person spent more on a credit card than the other, it is all marital. This is shocking to a lot of people. Therefore, it is important to have an attorney that is experienced in not only dividing marital assets equitably, but marital debt as well.
We can assist you in managing marital debt and hopefully extinguishing it. Call (435) 800-2963 now for a consultation with one of our experienced attorneys.
What Goes Into The Property Division Process?
Some aspects of the marriage that are taken into consideration when dividing property include:
Making sure that your property is divided fairly is our Park City, Ogden and Salt Lake City divorce attorneys’ top priority. Our goal is to help you get through your divorce as peacefully as possible so that both of you are able to live your best, most strongest life after the divorce. However, Law Elevated can also assist you in contentious matters, facilitating discussion and helping guide you and your spouse to an agreement.
Contact Law Elevated Today
We are skilled in divorce law and can help you with every aspect of your case, including property division, support matters, and custody issues. We know it is important to your own peace of mind to have a smooth and peaceful transition out of a marriage and it is our goal to help protect your best interests and the best interests of your family. We want to help you through this change in life and make tomorrow better!
Call our office today at 435-800-2963 to set up a consultation. We know it is important to have all your questions answered before committing to a lawyer. We are here for you. Contact us now.