Community (Joint) Debt After A Divorce: Who Gets To Pay It Back?

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spouses cannot influence the court’s decision regarding which spouse will be responsible for which joint debt unless legally represented by a Fort Lauderdale property division attorney. Find out your best legal options by contacting the Law Office of Gustavo E. Frances.

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Community Joint Debt After A Divorce: Who Gets To Pay It Back

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What happens to community joint debt after a divorce Unfortunately community debt – debt created by one or both spouses during their marriage – does not melt away like a snowball after a marriage ends. So what happens to it and which spouse is legally obliged to pay it back The two of the most common questions the best property division attorney in Fort Lauderdale Gustavo E. Frances receives from his first-time clients are “Who will get to keep our marital house” and “How will our debt be handled after the divorce”

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Creditors Will Not Stop Harassing Both Spouses Normally spouses cannot influence the court’s decision regarding which spouse will be responsible for which joint debt unless legally represented by a Fort Lauderdale property division attorney. It is vital to note however that even though the court will issue orders as to which spouse will be responsible for which community debt creditors will most likely not stop harassing both spouses.

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Reimbursement And Bankruptcy On Community Debt For example let’s say the court ordered your ex-husband to be fully responsible for the mortgage after a divorce. The ex-husband refuses to pay and creditors go straight to his former spouse to demand payment. As a result she agrees to pay off the debt. In that case she may be able to go to court and demand reimbursement from her ex-husband. Or let’s imagine the ex-husband declares bankruptcy on the mortgage debt and creditors go straight to his ex-wife. The ex-wife will most likely have no other option than to file for bankruptcy herself.

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What You Did Not Know About Community Debt If you go to court to get divorced without a lawyer by your side the outcome will be unpredictable and you may be required to pay off the debt you did not create during the marriage and/or cannot afford. Keep in mind that in the eyes of law each spouse has an individual obligation to pay community debt back including but not limited to mortgage credit cards and others.

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What Is Your Options These are not the only pitfalls and challenges you may encounter during a divorce which is why it is highly advised to consult with an experienced property division attorney before filing for divorce. Find out your best legal options by contacting the Law Office of Gustavo E. Frances P.A. Call our offices at 954-533-2756 to get a free consultation.

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Address: 200 SE 6th St 402 Fort Lauderdale FL 33301 Phone: 954-297-6546 Website: https://www.lauderdaledefense.com/Contact.shtml Contact:

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Thank You…

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