Donate SIGN UP

liability to shared debt in divorce...

Avatar Image
sofasurfer | 15:00 Mon 21st Aug 2006 | Law
1 Answers
Hi, can any body tell me is there a split besides 50/50 to debts accrued in a marriage when divorcing? or haw would the courts see it or devide the debts??
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by sofasurfer. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
When you divorce the assets and the debts are all taken into consideration and you would have to fill in a Form E which would list everything on both sides. The resulting figure is the marital 'pot' and that will either be split according to your agreement, or if you don't agree then by negotiation through solicitors or finally the Court will decide depending on the needs of each party and taking into account children etc.

Only 1 answerrss feed

Do you know the answer?

liability to shared debt in divorce...

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.