Divorce and Debt: Who Is Responsible? | Albertazzi Law Firm
Updated: Feb 28, 2020
Divorce with debt involved can make an unpleasant situation even more frustrating, and it takes an experienced attorney to sort it all out.
We deal with bankruptcies and debtor/creditor relations quite frequently. A common problem people have is that after a divorce, one party doesn’t pay the debts they were ordered to by the court. In this short video, Anthony Albertazzi discusses what can happen in this situation:
Even though the court may have decided that certain debts are the responsibility of one party, that doesn’t mean that that party will pay them. And if that happens, the creditor that is owed the money may be able to come after the other party if they were part of the original contract. Confusing? Yes it is, which is why you should consult an attorney if this happens to you!
It is very important to act quickly if you receive notice that your ex-spouse hasn’t paid the debts they are responsible for. If too much time passes, you may lose certain legal rights. If you need to speak to an attorney that is experienced in family law and bankruptcies, call Albertazzi Law Firm today at 541-317-0231.