Sentences with phrase «regarding joint debt»

Not exact matches

Divorce and Debt - Features information regarding paying off individual and joint debts during a divorce.

With a summary dissolution, a joint petition is filed when 1) either spouse meets the standard residency requirement, 2) the marriage is irretrievably broken down due to irreconcilable differences, 3) the marriage is childless, 4) the wife is not pregnant, 5) neither spouse owns real estate, 6) there are no unpaid debts greater than $ 4,000, 7) the total value of community property is less than $ 25,000, 8) neither spouse has separate property (excluding cars and loans) of greater than $ 25,000, 9) the spouses have reached an agreement regarding the division and distributions of assets and liabilities, 10) both waive their rights to maintenance and appeal; 11) both have read a brochure about summary dissolution and 12) both desire to end the marriage.