Just like community property is owned equally between two spouses, so is marital debt. Upon the dissolution of a marriage, all of the debt is equitably divided between the spouses, meaning that each spouse takes an equitable amount of the debt that the couple accumulated during marriage. This is true regardless of which spouse incurred the debt.
Where spouses cannot agree upon how to divide the debt, the court does so for them. An Arizona family law attorney can protect parties to a divorce so that their interests are looked after when dividing marital debt.
Call the Family Law Team at (480) 467-4348 to discuss your case today.
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