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Martial Liabilities & Debt - Dallas TX

As part of divorce proceedings, you want to make sure that every aspect of your married life is settled. This may include child support, child custody, division of property and most importantly marital liabilities and debt. You don’t want to be stuck with liabilities and debt that you did not accrue. Basically anything that you came into the marriage with you should be leaving with. That is what a prenuptial agreement is for, it may not be romantic and it may seem like you expect to be divorced but it is a surefire way to protect yourself and your children.

 

What are Martial Liabilities and Debt

Martial liabilities and debt can include:
 

  • Mortgages, even if the home is only listed under one name
  • Car Payments, who the car is registered and who has been making payments will be taken into consideration.
  • Business Property
  • Real Estate
  • Credit Cards : Your best bet is to have separate cards so you can easily determine who is responsible for which credit card debt.

 

At Dallas Divorces we are here to ensure that you are held responsible for half if not less of martial liabilities and debt. As we just mentioned, credit card debt in your name will be your sole responsibility if you have joint cards then more than likely it may be attributed to both of you.
 

In many cases, our attorney’s see one spouse try to get the other to take on more debt than they should. We are here to enter any and all liabilities and all debt into your divorce papers so a judge can make the final call of who pays what. That is why it is important that you provide our skilled attorney’s with all of the liability information and debt information that you have so that we can include it in the papers.
 

Call us today to set up an appointment, we will provide you with a list of everything that is considered debt and liabilities so that we can help you get a fair and equitable settlement that you deserve. Often parties do not agree as to who will owe what and that is what we are here for. Call us for a free consultation.

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