Just as community property is owned equally between spouses, so too is marital debt. Upon the dissolution of a marriage in Phoenix, or any other city in Arizona, the marital debt is divided equitably between the spouses, meaning that each spouse takes a fair amount of the couple’s debt accumulated during the marriage.
This is true regardless of which spouse incurred the debt, so long as the debt was incurred during the marriage. In instances where spouses cannot agree upon terms as to how to divide the marital debt, the court makes the decision for them. A qualified family law attorney can also assist in the division of marital debt upon divorce in Arizona.
To speak with a qualified Arizona divorce mediation attorney, contact the family law team at JacksonWhite. Call (480) 779-7972. Our experienced AZ Divorce Attorney, Timothy Durkin can help you understand your rights and assess your Arizona divorce case during a confidential consultation.