Allocation of Marital Debt

Experienced South Jersey
Divorce Attorney

Helping You with the Equitable Distribution of Marital Debt

When your marriage has ended, one of the more challenging issues to resolve can be the allocation of marital debt. You may both be responsible for your mortgage, but will you want to make monthly mortgage payments for a house you are no longer living in? How do you handle the mortgage if you decide not to sell the marital home? You may have substantial credit card obligations, but most of those charges may have been incurred by your spouse. Additionally, were these credit card charges truly “marital” debt for which you should be held responsible? It can seem unfair to simply divide all your debt in half. You want an experienced New Jersey divorce lawyer to protect your rights.

At the Law Offices of Daniel K. Newman, I have many years experience handling all types of divorce-related issues and representing men and women throughout Camden County, the greater Philadelphia area and the Cherry Hill – Voorhees neighborhood. I have extensive knowledge of and experience handling a broad range of marital property matters, including the allocation of marital debt. I work closely with accountants and other professionals, when necessary, to help us get the best possible outcome for our clients.

Contact my office online or call me toll free at (856) 309-9007 to schedule a private meeting. There is no cost or obligation for your first visit.

The Fair Distribution of Marital Debt

You may have legitimate concerns about the allocation of marital debt:

  • Your spouse may have racked up substantial credit card bills without your knowledge
  • Your spouse may have signed your name to loans or other obligations without your permission or knowledge
  • Your spouse may have failed to pay marital obligations in a timely manner, incurring late fees, penalties or even legal fees

I will exhaustively review all debts of your marriage, and will gather evidence to verify whether the debts benefited the marriage, or only provided a personal benefit to your spouse. I will seek to offset any obligation you have by demonstrating that your spouse acted without your knowledge or permission, or acted solely in his or her own interests. I will ask the court to issue an order that takes this into account.

CONTACT MY OFFICE

Don’t take on more than your fair share of marital debt! For a free initial consultation with an experienced Voorhees divorce and family law attorney, contact us online or call toll free at (856) 309-9007.

My law offices are conveniently located in the Greens of Laurel Oak office park.

The offices of Daniel K. Newman serves the New Jersey communities of Willingboro, Voorhees Township, Cherry Hill, Gloucester Township, Medford, Mount Laurel, Sicklerville, Deptford Township, Vineland, Evesham Township, Lindenwold, Haddonfield, Mt. Holly and Williamstown.