The only people who gain in a nasty divorce are the lawyers. Try being civil and working it out. With some divorces the couple is splitting up debt, with others there could be a sizable chunk of ...

What Are the Consequences Of Hiding Assets During Divorce? It’s a legal requirement of all divorcing couples: Each spouse must openly and honestly disclose all assets (and income, expenses and ...

While you might have known that marital assets are separated during divorce, did you know that debts are as well? Yes, debt, just like any other possession, has to be divvied up and re-distributed ...

Divorce is always complicated – emotionally and financially. While a lot of the focus in a divorce goes to dividing assets, figuring out who is responsible for various debts can be just as ...

In a divorce, courts require parties to identify all marital assets and debts. ... It can also result in a court setting aside a completed divorce to deal with the hidden assets. Send Print Report.

In divorce, you make the case that this $500,000 loan needs to be paid off with marital assets because it was used for family purposes. Your spouse says, “That’s your business debt and has ...

BOSTON (CBS) - I have never met a non-warring couple when it comes to a divorce. If there is money involved people behave poorly! Before you start this process educate yourself about Massachusetts ...

About 14,000 borrowers were still responsible for spousal debt even after divorce as a result of joint loan consolidation, according to an NPR investigation. But last year, Congress passed the ...