It is not possible to split up
the debt during a divorce proceedings, so each spouse remains responsible for paying back the loans.
Not exact matches
Any assets and / or
debts acquired by spouses
during marriage belong to both spouses, and must be split equally
during divorce proceedings.
If your misstatement comes to light
during your
divorce proceedings, the court can rule against you, particularly with regard to division of assets and
debts.
As assets are carefully examined
during divorce proceedings, the division of a couple's
debt also takes place.