Marietta Division of Debt Lawyers
Property is not the only thing that gets divided during a divorce. Marital debt needs to be taken into consideration as well. The same concept used to split up property, the concept of equitable distribution, is used to divide debt. It is not necessarily divided 50/50. It is divided in a manner that is equitable, or fair, based on each spouse's income and other factors.
At The Law Offices of Abbott & Abbott P.C., we take an aggressive approach to property division and debt division. We want to do everything we can so that you are in a good position to move forward with your life after your marriage has ended, and that means leaving you with as little debt as possible.
Division of Marital Debt Lawyers ● Aggressive Representation Canton and Marietta 888.321.5649 ● Contact an Attorney Online
Property and Debt Go Hand in Hand
An attorney must be skilled in order to properly balance all of your concerns and come up with a strategy that makes sense in your case. We are your advocates. We understand that property and debt go hand in hand. We know that your house, your car and other property may not be completely paid off, so the debt that comes with them needs to be taken into consideration when determining who gets what.
Divorce and Bankruptcy
Filing bankruptcy is an idea that often comes up in divorce cases in which there is a large amount of debt. Perhaps marital debt is so high that the spouses cannot possibly live separately. Filing bankruptcy may be a positive option, either before or after divorce, depending on your situation. We will review this option to find out if it makes sense for you.
Contact Us for a Free 30-Minute Consultation
For a free 30-minute consultation with our Marietta and Canton division of marital debt attorneys, contact us today. We accept all major credit cards.