Sentences with phrase «divide property and debts»

Explain how you're going to divide your property and your debts, and detail your custody and visitation arrangement.
The parties understand more about, for example, how much child support should be paid, or whether one spouse should receive alimony, and the disclosure helps the court to divide property and debts fairly.
Decide how you're going to divide both property and debts.
How will they manage the parenting of their children, how will they divide their property and their debts?
Most important, you must have an agreement between you as to how you're going to divide your property and debts; you can not have any children and both you and your spouse must waive alimony and your right to appeal any part of your divorce agreement.
If the spouses can not agree how to divide property and debts, they will proceed with a contested divorce, and eventually the court apportions these things equally.
- Identify all property (real, personal, financial) and debts; - Characterize all property or debts as separate or community; - Establish values for all property; - Divide property and debts fairly between the two people; - Decide what if any spousal support is appropriate; and -(If you have children) Work out a parenting plan and child support.
Instead, you file court forms and a «marital settlement agreement» that details the agreements you've made about how you want to divide your property and debts, what your custody arrangements for your children will be, and whether support payments will change hands.
If the couple can't agree on how to divide property and debts, a judge will decide, taking into account each spouse's:
If you're going through a divorce, you have to make decisions about how to divide your property and the debts.
«Equitable distribution» refers to the way spouses in Florida divide their property and debts in a divorce.
You'll also have to divide your property and debts.
If the couple can't agree on how to divide property and debts, a judge will decide, taking into account all of the circumstances of the case.
The Marital Settlement Agreement describes how you and your spouse have agreed to divide property and debts and whether one of you will pay spousal support, and if so, how much.
If the couple can't agree on how to divide property and debts, a judge will decide.
Some couples are able to agree on how to divide all property and debts, in a Marital Settlement Agreement.
Finally, you must attach the marital settlement agreement (a written agreement dividing your property and debts, resolving alimony, establishing child support, custody and visitation, and settling any other issues in the marriage) as an exhibit to the petition.
Many factors are looked at in determining how to divide your property and your debt fairly and equitably.
Draw up an agreement with your spouse that includes agreed - upon terms for dividing your property and debts.
However, a court may still take into account the behavior of the parties when dividing property and debts, evaluating custody, and considering whether one spouse should make support payments to the other.

Not exact matches

The Blair / Brown economic legacy was one of under - investment in key infrastructure, notably transport and energy; a continuing decline in manufacturing contributing to a structural balance of payments deficit; an accelerating regional economic divide; and a speculative property and construction boom financing public and private consumption through highly leveraged government and household debt.
To calculate a home's LTV, you take the amount of existing secured debt and divide it by the market value of the property.
This is obtained by dividing the total value of debts by the market price of a property and many private lenders in Sarnia can only loan up to 85 % LTV on a house.
Total up all your monthly debts (mortgage costs should include loan payments, property taxes, and homeowners insurance) then divide that by your monthly income.
Putting 3 percent down on a home, the buyer can't afford to spend more than 28 percent «front end» debt - to - income ratio, which is: the mortgage, property taxes and insurance, divided by the buyers annual income before taxes.
The LTV of a property can be found by taking the value of existing debts and dividing that by the predicted selling price of the property.
Getting rid of as much debt as possible in a bankruptcy can help make it easier to divide any remaining debts and property during a divorce.
They also need to have a good idea of their debts and assets, including RRSPs, TFSAs, property and other investments and how those should be divided.
The parties have accumulated certain community, joint and common property and debts during the coverture of the marriage which should be equitably divided.
Property Division: In New Hudson, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a Property Division: In New Hudson, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a property and debts are divided fair and equitably between the two parties in a divorce.
If the conflict is over debts and assets, you will want excellent records of all expenses in your marriage in order to accurately divide property.
In Westland, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
In Dearborn, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
In Southgate, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
In Northville, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
Division of property — Our lawyers will help you divide debts and assets in accordance with the community property laws of Texas
Of course, a couple's property and debts will be divided upon divorce, whether or not they decide to create a prenuptial agreement.
It is true that prenuptial agreements are a great tool for discussing how to later divide assets and debts that each has brought into the marriage and other property that they may foster together.
In Walled Lake, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
If you and your spouse have any joint marital property (assets or debts) they can be divided in your divorce.
In South Lyon, Michigan, the standard is that marital property and debts are divided fair and equitably between the two parties in a divorce.
The agreement is a contract in which the couple spells out how they want their assets, debts, property, and finances divided if they divorce.
The issues surrounding divorce and how a couple's assets, property, and debts are to be handled and divided can be quite trying and complex to resolve.
In working with a joint neutral financial professional, you and your spouse can work to inventory separate and community property, gather information as to property and debts, generate options to divide the property and evaluate the merits of each option.
Even though the divorce will be uncontested if your spouse doesn't answer, it's better if the two of you sign a written settlement agreement detailing how you want your property and debts divided and what your arrangement will be for custody and visitation for your children.
Divorce is never easy, but you and your spouse have both agreed to this divorce and you've reached an agreement on how to divide your property, accounts, debts, and / or child custody.
This means that all marital property is taken into account when dividing assets and debt, and the division is handled in a fair and reasonable manner.
The property accumulated by the parties must be equitably divided pursuant to state law, debts must be assigned, child custody must be resolved, parenting time for the non-custodial parent must be considered, and financial support of the child or children must be addressed.
Property is divided on an equitable - distribution basis, which often results in an equal split of marital property aProperty is divided on an equitable - distribution basis, which often results in an equal split of marital property aproperty and debt.
The BC Family Law Act by default says that generally BC family property and debt are subject to equal division between spousal unless it would be significantly unfair to divide the property equally.
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