How are joint bills divided in a Divorce Case?
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Me and my husband are going to get divorced soon. We have some shared bills and credit cards in both of our names. How do the bills get split up during the Divorce Case?
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Answers (1)
State laws governing the division of property, including bill division in divorce vary between jurisdictions. In addition, you and your spouse can agree to dividing bills in divorce yourselves, in addition to property (with or without the help of an attorney or mediator), rather than leaving it to a court’s application of state law rules.
You should consult a qualified attorney who is familiar with the dissolution laws in your jurisdiction. In general, courts divide property and debts using community property or equitable distribution rules. In community property jurisdictions, all property of a married person is classified as either community property (i.e., obtained during the marriage and owned equally by both spouses) or the separate property of one spouse. At divorce, community property is generally divided equally between the spouses, while each spouse keeps his or her separate property.
In equitable distribution states, property and debts accumulated during marriage are divided fairly and proportionally, but not necessarily equally. In both instances, however, each spouse will get personal property, assets, and debts whose worth adds up to his or her percentage of the total property distribution.
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Posted by Jamilla Moore on 25 Jan 2010
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