During a divorce, debt is handled the same as assets. This means, primarily, that courts will try to follow two rules. First, courts will distribute debt based on its marital and pre-marital status. Debt that someone held before the marriage will, in general, remain entirely with that individual. Debt the couple accrued during the marriage […] The post How Is Debt Divided During a Divorce? appeared first on SmartReads by SmartAsset.
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Getting married is a major decision, one that many people don't understand the full financial and legal repercussions of. In an interview with Soft White Underbelly, New York City-based divorce.