Collin & Denton County Debt Division Attorneys
Gain Counsel from Board Certified Family Lawyers
Property division is one of the most complex areas of divorce and family
law, and it becomes even more complicated when debts are involved. Who
is required to pay for which debts? How does that affect the property
division process? These are questions that we can help you address. Our
team of divorce attorneys at CokerLegal have more than 70 years of combined
experience that we can put to work for you.
Protect Your Financial Interests
Crafting a well-structured debt division arrangement is essential, as it
can have a significant effect on your ability to maintain financial stability.
The process of debt division is often subject to a variety of mistakes
that can be costly and result in one or both parties being trapped into
financial ruin. Therefore, it is crucial to have an attorney with the
expertise and meticulousness to thoroughly analyze and organize your debts
Things to keep in mind throughout the debt division property include:
- While debt division orders assign debt to one party or the other, they
do not have any effect on creditor collections, meaning you may still
be harassed for debts that your ex-spouse is responsible for
- Debt arrangements should ideally be crafted according to the ownership
of the asset associated with the debt and when it was accrued
- Each spouse should be assigned an amount of debt enough that his or her
total value of property and debts remains fair and just
Call (888) 570-7899 For the Expertise You Need
Divorce is a highly-emotional and stressful process, which makes handling
such complicated financial matters even more difficult. When you have
CokerLegal on your side, you can trust that your interests will be protected
and your needs met. We can be your advocate every step of the way.
Contact us today to begin discussing your legal needs.