Dividing all assets when a marital relationship ends is stressful. During separation, it is fair that all property is divided between spouses; however, the way it will be divided depends on various factors. Sometimes, it doesn’t matter whose name is on credit cards, as even stay-at-home moms and dads and those who earn very little …
Divorce And Money: How Are Assets Divided When A Relationship Ends Read More »
In the USA, it is not uncommon for spouses to have various marital debts, including a mortgage on their marital home, loans for their vehicles, and student loans. Moreover, a lot of them use joint credit cards for household purposes. Those debts may seem insignificant when spouses live a happy life together; however, if their …
Divorce Debts: Sorting out Loans and Joint Credit Read More »
Divorce is often associated with a lot of stress, especially when spouses own joint property, have minor kids, and struggle to settle all their issues amicably. If a couple is involved in an uncontested divorce, meaning that they can reach an agreement regarding asset division, child custody, and other matters, the costs they will have …