By Robin Roshkind, Esquire, West Palm Beach, Florida
There are many forms of marital debt: credit cards, mortgages, car loans, home equity lines of credit, business debt, and loans from parents and others.
It can be a complex exercise to equitably divide up the marital debt. What if the couple have been living separate and apart for two y ears? What if the marital home is under water in terms of loan to value? What if one car is paid for and the other is not?
There are many issues involving debt and divorce. The best advice I can give you is to know what your financial situation is and then consult with one of the divorce lawyers at ROBIN ROSHKIND, P.A. on how to resolve the debt issues in a divorce situation. Call for a consultation at 561 835 9091 or click on the Firm’s web site at http://www.familylawwpb.com for more information.