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July 2015 Archives

Dealing with debt issues in divorce, P.2

In our previous post, we began speaking about the issue of debt division in divorce. As we mentioned, this is as aspect of divorce that isn’t often considered by folks. The media, when it speaks about division of anything, usually focuses on how marital assets will be divided by rich and famous couples. Debt division is also an important aspect of the process, though.

Dealing with debt issues in divorce, P.1

Divorce can bring a number of different uncertainties into a person’s life, but one of the biggest uncertainties for many couples how they will be sitting financially once the divorce is over. The financial aspect of divorce involves dealing not only with a couple’s assets, but also its debts, though many couples don’t think about dividing their assets until the issue comes up in divorce.

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July 2015 Archives | Kalamazoo Family Law Blog