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Credit Cards Divorce

Obermayer Rebmann Maxwell & Hippel LLP

Addressing Your Spouse’s Debt in a Divorce

You and your spouse have separate credit cards. You utilize your credit cards sparingly to cover day-to-day expenses for your family and pay off the balances every month. Although you do not see your spouse’s monthly...more

Fox Rothschild LLP

TAX SEASON IS UPON US. Three Quick Thoughts Whether You are Divorcing or Not.

Fox Rothschild LLP on

We just saw an article published in Marketwatch (a Dow Jones electronic publication) where an executive confesses to have $100,000 in gambling debt on credit cards his spouse knows nothing about. Suffice to say there is no...more

Fox Rothschild LLP

MARITAL DEBT And Its Realities

Fox Rothschild LLP on

The website MarketWatch publishes a kind of Dear Abby column related to family finances that touches on some very real subjects confronting families today. On July 2, columnist Quentin Fottrell published a column in which a...more

Fox Rothschild LLP

DEBT: The Divorce Lawyer’s New Frontier

Fox Rothschild LLP on

It’s always been there. Debt. Even though the Pennsylvania Divorce Code does not really mention it by name. If you speak to the hearing officers who draw the assignment of effecting equitable distribution, they respond...more

Jaburg Wilk

How Does Debt Work in a Divorce?

Jaburg Wilk on

Divorce includes the division of assets and debts. Frequently, it is easier to divide assets than to divide debts. Both credit (including store) cards and mortgages present unique problems when divorcing....more

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