How is debt divided in Virginia divorce?
After the market crashed in 2008, we handled a lot of cases where there was more debt than anything else. It was terrible. Houses were underwater, and I’ve never seen such high credit card debt. In fact, at that point, it seemed like a lot of people decided to stay together because they really couldn’t…
Filed under: Uncategorized Tag with: adultery | credit cards | debt | division of debt | divorce | hybrid property | marital property | separate property | separation | waste
Refinancing in Virginia Divorce: 3 Things to Know
3 Things to Keep in Mind When Refinancing Your Home Real property is often one of the biggest items to address in divorce and we have to figure out what will happen to it. A lot of our clients tell us they want to keep living in the former marital home after the divorce, which…
Filed under: Uncategorized Tag with: child support | debt | divorce | income to debt ratio | loan | mortgage | refinance | separation | spousal support | virginia
Money in Divorce
Worrying about money is the worst. When you’re not quite sure how you’re going to pay your bills, keep a roof over your head, provide for your children, save for retirement, hire a divorce attorney, and put food in everyone’s bellies, it’s a concern. Not to mention all the little extras that come up, and…
Filed under: Uncategorized Tag with: debt | divorce | house | money | separation
How is debt divided in Virginia divorce?
Everything gets divided in divorce—including the debt. If you really think about it, it’s not all that surprising. If you get half the dishes and he takes half the dish towels, certainly at some point you’re going to start talking about that Sears card. Or the line of credit that helped you renovate your kitchen….
Filed under: Blog | Divorce | Frequently Asked Questions | General | Library | Your Credit & Finances Tag with: credit cards | debt | marital debt | mortgages | post separation debt | pre separation debt | property division | separate debt | Virginia divorce
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