Sentences with phrase «dividing marital debt»

These principles apply to dividing marital debt as well.

Timing is a critical consideration when dividing marital debts in a Pennsylvania equitable distribution case.

The court also divides marital debt at this time.

Not exact matches

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 divorce.

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.

Just as marital assets should be equitably divided, so too should marital debts.

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.

When couples go through the process of divorce, they are required to divide the marital assets and debts between them.

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.

Some couples are able to agree on how to divide all property and debts, in a Marital Settlement Agreement.

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.

Property is divided on an equitable - distribution basis, which often results in an equal split of marital property and debt.

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.

In every divorce, a judge will divide a couple's marital property and debts between the spouses.

Property division: Wisconsin is a community property state, meaning that all community property (marital assets and debts) are generally divided equally.

Ideally, you and your spouse will decide together how you want to divide the marital property — you'll have to decide things like whether one of you will keep the family home and buy out the other spouse's interest or whether you'll sell the house; who will keep the furniture and other tangible property; how you'll divide retirement assets that each of you has accrued through your work; and how to deal with marital debts.

Property & Debt Division Our Vancouver Property Division Lawyers know that dividing your marital property often means parting with half of...

Are you figuring out how to divide your marital property and debts in a divorce?

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.

How marital assets and debts are divided in order to come up with a viable property settlement agreement can be one of the most contentious issues in divorce proceedings.

The Judge also determines what he or she thinks ought to be included with the marital property to be divided, the value of those assets, and how the assets (and debts) will be allocated as between the parties.

As long as the asset or debt was acquired during the marriage, with a few notable exceptions, it is considered marital property and will be divided in an equitable manner.

To Divide Marital Assets and Debts Fairly in a Florida Divorce, Help from Experienced Attorneys Is Paramount

Marital debt is used in the accounting of the marital estate and divided among the divorcing sMarital debt is used in the accounting of the marital estate and divided among the divorcing smarital estate and divided among the divorcing spouses.

To divide marital assets and debts fairly in a Florida divorce, help from experienced attorneys is essential.

In determining how to best divide marital assets and debts, the court will consider what each spouse brought into the marriage.

All of the marital property must be divided between the spouses when the marriage ends, and marital debts must be assigned.

If you have no children, your agreement will probably be limited to dividing your marital property and debts.

As you go through the divorce process, you and your spouse will work to divide all marital property, including debts,...

Courts in equitable distribution states are not obligated to divide marital property or debts 50/50.

Parties prepare for a stipulated divorce hearing by agreeing on a marital settlement that divides their assets and debts and addresses the future care of any children.

The court determines how to divide property by evaluating several key factors, which include the needs of each spouse, the standard of living of the parties during the marriage, each spouse's age as well as health and earning capacity, any established custody arrangement, each spouse's contribution to the marriage and marital assets, and the income, assets and debts of each spouse.

In the 41 other states, the courts divide marital property and debt under the concept of equitable distribution.

Unlike most jurisdictions, which do not award alimony or divide property or debts in an annulment action, the District of Columbia permits the court to divide marital property and debt equitably.

Pennsylvania law requires the court to divide marital assets and debts in a fair and equitable manner.

It is permanent, allows you to remarry, and divides your marital property interests and marital debt.

The Court may divide your marital property rights and debts.

Marital debts are divided in divorce just as assets are.

Custody and visitation terms are set, alimony is awarded where applicable and your marital property and debts are divided between you.

When the court divides property, it considers such factors as the length of the marriage, any prior marriages, the ages, health, lifestyle and income potential of each spouse, each spouse's separate estate and debts, whether one spouse assisted in the education or training of the other and contributions to the marital property including the contributions of a homemaker.

You must attach a written separation agreement that documents the terms of your divorce, including how you and your spouse plan to divide marital property, debts and child custody.

Along with dividing your marital property, look at your debts, including your mortgage, credit cards and auto loans and decide who will make the payments throughout the separation and divorce.

A divorce is uncontested if both spouses agree to the divorce and are in complete agreement about dividing the marital property (which includes assets and debts), the custody and support for any children, and whether one spouse pays alimony to the other.

You and your spouse may file a marital settlement agreement during the divorce process if you have property and debts to divide and agree on how to split these items.

Sometimes referred to as a divorce agreement, property settlement agreement, a marital settlement agreement for divorce or separation is a legal contract which indicates how you intend to divide your assets and debts, as well as spousal support and / or child support.