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Dividing Debts When You Divorce

This article offers a great explanation as to what each divorcing spouse’s liability is towards their community property credit card debt.  It is true that even if one spouse agrees in the divorce settlement to pay the debt, the other can be sued after the fact to pay for it.  This is the reason it is a good idea to go to a debt settlement attorney that can help get rid of the debt for as little and as quickly as possible before the divorce is final.  This way each person knows that the debt was dealt with and can move on with their lives knowing a lawsuit won’t arrive because their ex didn’t pay the credit card as agreed.

Dividing Debts When You Divorce was last modified: September 11th, 2015 by Kevin Fallon McCarthy
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Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.
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