Sentences with phrase «share of your joint debt»

If you can not afford to cover the payments for your ex's share of your joint debt, and if your ex isn't willing to refinance or work with you to sell joint assets, then bankruptcy could be the best course of action.

Not exact matches

ELIMINATING SHARED DEBT Preventing joint credit debt is going to be easier than improving credit as a result of credit that is shared with your sSHARED DEBT Preventing joint credit debt is going to be easier than improving credit as a result of credit that is shared with your spoDEBT Preventing joint credit debt is going to be easier than improving credit as a result of credit that is shared with your spodebt is going to be easier than improving credit as a result of credit that is shared with your sshared with your spouse.

Similarly, joint debts are shared equally no matter who incurred the debt — so make sure your partner isn't incurring debt in your joint name that you aren't willing to pay half of.

Destabilizing Elements (II) • The end of joint & several liability • Reinforced equal sharing / lockstep • Discourages flight — you remain liable for debts incurred while at the firm • With personal liability, incentive is to try to rehabilitate a declining firm • Without it, logic dictates early departure — first out the door • Most importantly: The end of periodic shared decisions to stay together

The Federal Trade Commission notes that joint creditors can still pursue you for debts you share with your former spouse — even if the divorce decree absolves you of your liability for the debt.

The issues that are typically addressed in mediation are issues related to children: legal custody and residential custody, visitation, child support, allocation of college expenses for the children, health insurance, life insurance; alimony and spousal support; division of real property, including the family home; division of tangible personal property including motor vehicles, boats, furniture, furnishings, art work, etc.; disposition of other property accumulated during the marriage, including bank accounts, investment accounts, pension / profit - sharing / retirement accounts, etc.; payment of credit cards and other debts, and tax matters including decisions relative to filing joint or separate tax returns and claiming the children as dependency deductions.

If the joint owner did not guarantee, co-sign or jointly sign for the debt, they are not responsible for paying the debt and the judgment is not valid against their share of any equity.

In connection with the transaction, the Sunrise transferred its interest valued at approximately $ 16.8 million in the previous joint venture, and its pro rata share of the loan proceeds from the new debt financing totaling $ 120.0 million and CNL Lifestyle Properties contributed approximately $ 36.0 million and its pro rata share of the loan proceeds from the new debt financing to the new venture.

FFO as adjusted reflects the impact of the above - described transaction expenses of $ 0.14 per share, but excludes the gain on sale of interests in a European joint venture of $ 0.80 per share and the debt extinguishment charge of $ 0.53 per share.