Articles Tagged with marital debt

Board Certified Family Law Specialist Matt Arnold answers the question: “How much does it cost to get divorced, and how does the billing process work?”

While a divorce is a great opportunity to start your life with a clean slate, there are certain things you can do that could hurt your credit score. After all, divorcing couples have to split not only their shared assets and property, but also their shared debt. We have prepared five tips to manage your joint debt and protect your credit score during a divorce in North Carolina.

Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”

When a marriage is ending, a judge is tasked with separating the assets and belongings of a married couple. The first thought in most people’s minds is how the assets of the couple are going to be divided. What most people fail to consider are the debts that a couple might be carrying. The debts that a couple incur during marriage also need to be part of the distribution of property; it is not just assets that get divided in divorce.

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