When you are separating from your spouse, assets are not the only things you will have to divide. If you have debts in your marriage, you will also have to divide these. This can become a hotly contested issue in the process, because dividing debts fairly is not always an obvious thing.
How Arizona determines Fair Debt Division
As a community property state, the state of Arizona only considers the assets and debts that were acquired during the marriage to be something that is divided during the divorce. If the debts were undertaken prior to the marriage, then the responsible party keeps them in their entirety. If you are dealing with community debts, you will want to work with a qualified family law attorney to ensure that you are not saddled with too much of these debts at the end of the process.
At our firm, we believe that the division of debts is just as important as the division of assets, because debts can make a tremendous impact on the quality of life for our clients after the divorce. If you are assigned a debt as part of the official decree of dissolution/final judgment, and you are not able to pay that debt, then you face the hassle of dealing with debt collectors and creditors. To avoid this, you need to work with a knowledgeable Phoenix family law attorney to ensure you can protect your good credit history, even while dealing with the division of debt. To schedule your free consultation, please call our offices at (602) 254-8880.
The right Arizona Debt Division Lawyer makes a Difference
When you are dealing with the division of debt, you are dealing with yet another difficulty in the already emotional divorce process. At the Cantor Law Group, we understand how emotionally challenging these times can be. That is why we are here to work closely with you and ensure that you are treated fairly throughout the process. We provide you with sound representation as well as peace of mind.
Our firm has over 70 years of combined experience in the field and we are members of Arizona’s Finest Lawyers®. This means that we are ready and able to represent you throughout this process.
If you are facing the pending battle of debt division, call our offices at (602) 254-8880 to schedule a free consultation appointment with a Phoenix debt division attorney today. Get qualified legal help from Cantor Law Group as quickly as possible to ensure your needs and wishes are met throughout the process.
