What happens if one spouse refuses to pay a divorce debt?

I encourage clients to pay off marital debt or remove their name from marital debt they don’t want to be responsible for before a divorce is filed. If that is not possible, a judge will order one spouse or both to pay off certain debts once the divorce is final. What happens if your spouse refuses to pay a debt that is in both your names?

Who is the founder of divorce and money matters?

Vasileff is president emeritus of the ADFP and is a member of NACVA, FPA, and IACP. She is president and founder of Divorce and Money Matters, serving clients nationwide from Greenwich, Conn. Her website is www.divorcematters.com.

What to do with money after a divorce?

You can use a mediator or get other help to resolve issues out of court. If you cannot agree on everything, you can ask a court to make a financial order.

Can a family court enforce a divorce settlement?

If you get lucky you will never have to turn to the family court system to enforce your divorce settlement agreement. If you don’t get lucky this article outlines the steps you will need to take to enforce the said agreement.

Can a spouse be paid after the date of divorce?

So a spouse who agrees to be paid after the date of divorce needs to make sure the lien is ordered against a property that is worth enough money to cover all the debts against it and the money owed to the spouse.

How are taxes divided in a divorce settlement?

If the divorce settlement or the state laws suggests that property and debt be divided equally among the separating couple, both the parties will also have to share the joint tax debt and must pay their share. However, in some cases, a party, to get a lion’s share in the property can argue to pay more taxes.

What happens if you don’t follow divorce papers?

In a divorce case, the judge makes decisions about the case such as how property is divided, the visitation schedule for any children, and whether one spouse must pay spousal support or child support.

I encourage clients to pay off marital debt or remove their name from marital debt they don’t want to be responsible for before a divorce is filed. If that is not possible, a judge will order one spouse or both to pay off certain debts once the divorce is final. What happens if your spouse refuses to pay a debt that is in both your names?