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Peace of Mind & Powerful Results

How Is Debt Divided in a Divorce?

Hire An Experienced Attorney To Help You Fight For A Favorable Outcome

As complicated and contentious as dividing assets can be during the divorce process, determining how to divide debt can become even more so. During this time, you need to factor in what percentage should be considered separate and what percentage should be considered as well as whose name the debt falls under. Depending on how much you and your soon to be ex-spouse owe, it may be difficult to determine just how much each party should remain responsible for once your divorce is finalized. Hiring an experienced family law attorney will put you in the best position possible to navigate this process.

Give us a call at (909) 344-5704 to speak with a member of our firm today.

Divorce can be a complicated and stressful experience, and our San Bernardino property division Attorney here at Family Law Advocacy Group is ready to help make the process as smooth and stress-free as possible. With more than a decade of experience, our firm has the knowledge you need to ensure that you move on to the next phase of your life in the best position possible. Whether you are just starting the divorce process or if you’ve been working your way through it for a while, contact us today to learn how we can be of assistance.

What Should I Look Out For?

While debt is treated like any other property during the divorce process, the most important piece to pay attention to is which spouse’s name is associated with the debt. Even if you and your soon to be ex-spouse come to an agreement to pay off the debt together, the company or companies you owe money do are unlikely to honor that. If the debt is under your name and your ex-spouse misses a payment, you will likely be on the hook for any penalties, fees, and / or interest.

The best course of action may be to pay off all debt before the divorce is complete – this could involve selling off real estate rather than fighting over who ends up with the home. You may also decide to pay sign up for a new credit card and transfer the balance to your new account. No matter what you decide to do, it’s in your best interest to hire an experienced family law lawyer to help you through this process.

Hire The Experienced Lawyer You Need Today

At Family Law Advocacy Group, our San Bernardino property division Lawyer have helped hundreds of clients successfully navigate their divorce process by providing the experienced and knowledgeable counsel they need. If you are considering filing for divorce or if you’re already deep into the process, give us a call to speak with a member of our firm.

Contact us today to request a free assessment of your case.

Trusted, Respected, & Highly Recommended

  • Family Law Advocacy Group has been a godsend and I can't thank them enough for all that they've done.

    “I know how difficult it is to find a new attorney to handle such personal matters in your life so I feel fortunate to have engaged them.”

    J Kim

  • Family Law Advocacy Group provides some of the best law services around.

    “My attorney is responsive, thorough, and made sure I had complete understanding of my options. And, to those whom are reading this, don't go to court without him. And for those who find themselves at the opposite table of Family Law Advocacy Group, PRAY...”

    Darrel Gomez

  • They will work until they get the best outcome for your case.

    “They are very caring, compassionate and understanding. Family Law Advocacy Group puts themselves in your shoes. If I could give more than 5 stars I would!”

    Briana Gastelum

  • I am so grateful to have found someone who takes interest in their clients and cares.

    “Family Law Advocacy Group has some of the few attorneys who are very attentive to detail and what is in the best interest of their clients.”

    Rachel Bello

  • They are very confident attorneys despite the complexity of the case and show up READY!

    “Family Law Advocacy Group are true professionals! They were quick to prepare on such short notice; organized, punctual and calm under pressure. They have equal amounts of empathy as they do fight.”

    Sari De La Cerra

Why Work With
Aruna P. Rodrigo?

  • More Than 10 Years of Legal Experience
  • Selected to Super Lawyers®
  • Personalized, Client-Centered Approach
  • Outstanding Legal & Negotiating Skills
  • Specifically Focused on Family Law & Estate Planning