marital debt

Dividing Marital Debt in North Carolina

Published on: July 31, 2024 | On behalf of Arnold & Smith, PLLC

Dividing Marital Debt in North Carolina

Going through a divorce can be one of the most challenging things you will ever do. Sometimes, even the most harmonious divorces can turn ugly. This is especially true when it comes to financial matters such as the distribution of assets and distribution of assets. Most couples have at least some debt. When a couple divorces, it can be difficult for them to handle debt alone. It is best to address marital debt concerns as soon as possible. An experienced divorce attorney will guide you through the process.

https://youtu.be/rh-6brVop4E?si=uA8iGIYnutHKWsKG

How is Alimony and Post-Separation Support Calculated in North Carolina?

Published on: May 5, 2021 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “When do you get alimony?”

Five Tips to Protect Your Credit Score During a North Carolina Divorce

Published on: June 17, 2020 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: “How much does it cost to get divorced, and how does the billing process work?”

While a divorce is a great opportunity to start your life with a clean slate, there are certain things you can do that could hurt your credit score. After all, divorcing couples have to split not only their shared assets and property, but also their shared debt. We have prepared five tips to manage your joint debt and protect your credit score during a divorce in North Carolina.

How are Student Loans Treated in Divorce?

Published on: May 29, 2019 | On behalf of Arnold & Smith, PLLC

Board Certified Family Law Specialist Matt Arnold answers the question: ” Is there some property that the judge cannot divide?”

When a marriage is ending, a judge is tasked with separating the assets and belongings of a married couple. The first thought in most people’s minds is how the assets of the couple are going to be divided. What most people fail to consider are the debts that a couple might be carrying. The debts that a couple incur during marriage also need to be part of the distribution of property; it is not just assets that get divided in divorce.