Sentences with phrase «become marital debts»

One way this can happen is in community property states where any debts acquired during marriage become marital debts regardless of whose name was on the account.

The only exception is if you had a prenuptial agreement that specified the student loan debt would become a marital debt.

Not exact matches

Asset division also becomes more complex and confusing if the spouses do not know what makes up their marital and personal assets and debts, income and expenses.

The payment of marital debts often becomes a contentious issue in a divorce, especially if the couple has a significant number of debts.

Children don't face the exact same stressors as adults — «grown - up» challenges such as managing credit card debt, raising a family, working through marital issues, and navigating job challenges haven't yet become part of their life experience.