Rosanne DeTorres, a family lawyer in Flemington, answers:
Debts are not uncommon at a time of divorce. Often times this is what may instigate the problems that lead a couple down the road to separation. Debts are usually divided in a manner that approximates the parties’ respective earnings ability and ability to pay. However, we also see debts divided equally on the basis that both parties equally contributed to the creation
of the debt. It is best if debts can be satisfied from assets of the marriage if possible so both parties leave the marriage debt-free.
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