Although divorce involves many aspects of household dissolution, the matter of marital debt remains a complex matter. Marital debt is debt incurred during the course of the marriage.
As if the emotional trauma of a broken marriage is not enough, the separation of a pair of personal lives is magnified by the separation of economic ones. Now, what was once a partnership has to become two separate entities. Not only do you have to decide who gets what marital property, but you must also divide the marital debt.
If you are going through a divorce and have both property and debt that needs to be divided, contact an experienced Orange County Divorce attorney who will help you figure out what debt is separate and what debt is marital.
