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What happens to joint debts when we divorce in Florida?

Posted by Michael G. Butash | Aug 11, 2017 | 0 Comments

What happens to joint debts when we divorce in Florida?

Joint debts become a part of equitable distribution, which is a division of all the marital assets and debts. It depends on the whole set of facts and circumstances for your particular case as to who ends up paying for what. Frequently that is decided through mediation where the parties agree in an amicable fashion as to who pays for what, and sometimes it happens in court where we ask the judge to decide. It depends on what assets people get, as far as what debts people get, their financial positions moving forward, their abilities to earn income at the end of the divorce. There are several factors that come into play.

About the Author

Michael G. Butash

Michael G. Butash Stetson University College of Law Florida State University Former State Prosecutor Mike grew up in the Tampa Bay area and graduated from Stetson University College of Law in 1997. He was immediately hired as an Assistant State Attorney for the 6th Judicial Circuit (Pinellas/...

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