The way debt is handled during divorce typically depends on when it was obtained, along with each spouse's financial standing and role in accruing the debt.
Under Georgia law, marital debt is all the debt you or your spouse acquire,. Georgia divorce courts are concerned only with debts incurred after marriage.
Not only must marital property and assets be divided upon divorce, but also. the joint debt, including any penalties, court costs, and legal fees associated with .
Equitable distribution of marital property developed by case law arising from Stokes v. Stokes, 246 Ga. 765m 273 S.E.2d 169 (1981). A dual classification system .
In order for Georgia law to apply to spouses, they must sign a loan agreement as. Georgia Divorce Online: Property and Debt Division in a Gerogia Divorce .
The standard of equitable distribution is used to divide property and debt in a divorce in Georgia. To talk to a family law attorney, call (770) 271-1843.