Arizona Law dictates that assets and liabilities are to be divided equitably in dissolution matters. What that means is that the debts have to be divided in a fair way. Debt division can be as important as the division of assets in determining what is equitable in each case. While it would seem to be easy to determine “equitable” it isn’t necessarily so. Is it fair that each party gets ½ of the debt? Or is it fair that the larger wage earner get a better part of the debt? The facts of the case will determine what equitable is. This is why it is important to have an experienced family law attorney handle the matter.
Contact Our Family Law Attorney Mesa AZ
Figuring out the division of debt can be stressful, however, we can help. Call the Law Offices of Janice M. Palmer, P.C. at (480) 820-4771 or toll-free at (888) 352-7725 for a consultation.