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Family

Jun. 15, 2010

Beware of Post Separation Debts in Divorce

Mitchell Jacobs and Thomas Feuerman discuss the issue of debts incurred by spouses after separation in a typical marital dissolution proceeding.

By Mitchell A. Jacobs

Given the current state of the economy, it is not surprising that the debts incurred by spouses during marriage often become a hotly contested issue during a typical marital dissolution proceeding. Divorcing spouses are often shocked to discover the extent of credit card debt secretly incurred by their significant other during the marriage. With regard to less frivolous debt incurred during the marriage, such as hospital bills, the ...

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