Salt Lake City Divorce Debt Lawyers
Fairly Dividing Your Marital Debts
More than just property needs to be divided during a divorce. Just like everything else you shared during your marriage, debt will also need to be divided in order to be paid off. This includes debt on your mortgage, credit cards, car payments, and other loans. In addition, many separating couples do not realize that the cost of a lawyer and the legal proceedings during a divorce can also be considered a marital debt and therefore also negotiated in your divorce proceedings.
Get help negotiating the division of your debt from Salt Lake City Divorce Attorney Laura Hansen-Pelcastre, a certified mediator with advanced domestic mediation training.Call Just Law at (801) 701-3522.
Whose Debt is It?
When you are married, it is hard to tell whose expenses were whose. You may assume that since all your bank accounts are joint that all the debt is to be split evenly. This isn’t always true.
The factors that go into deciding who must pay for which debts include:
- Your current and anticipated future income
- The length of the marriage
- How the debt was incurred
- Your employment situation
Our Salt Lake City divorce attorneys know that debt is never clear cut but we can help you negotiate the division of your marital debt with as much clarity as possible. Whether you plan to resolve your debt through mediation or through litigation and court, Just Law can help represent you and your best interests.
Call Just Law Now
We have been serving families in Salt Lake City for years and have experience negotiating hundreds of divorces for our clients. Getting the help you need from our experienced Salt Lake City divorce attorneys can help you and your family. We know making divorce decisions are important and we want to ensure that you are confident in our services.
Call (801) 701-3522 for a free no-obligation consultation and we’ll be happy to answer all your questions before you commit to our firm.