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Financial help

yoball · 2025-07-23T14:38:36+00:00

We have been separated about 2.5 years now, time to move on and file for divorce. We have a bunch of debt and a mortgage. I need advice for financial help but...

yoball

July 23, 2025

5 upvotes

/r/Divorce_Men

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Post Information

Title	Financial help
Author	yoball
Upvotes	5
Comments	2
Date	July 23, 2025 2:38 PM UTC (1 year ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/1m7b0bj/financial_help/
Archive Link	https://theredarchive.com/r/Divorce_Men/financial-help.1557871 https://theredarchive.com/post/1557871

Comments

[–]OFlahertyLaw 0 points1 point2 points 1 year ago (1 child) | Copy Link

When it comes to divorces, divisible property, including debts, are what is called marital property. Marital property is divided equitably amongst the spouse, not always equally. For example, if the credit card debt is in one person's name and was only used for their own consumption, that will likely remain with that person and not be split. But if you are both on the mortgage and both contributed to the mortgage, it will likely be split between you. The courts consider a myriad of factors though when splitting assets, so it is very fact dependent (who created the debt and why) as to who will end up with what. I would suggest getting representation, but if that doesn't work for either of you, you could potentially hire a mediator to help put together a plan to present to the court. If that's not an option, and you and your ex are on good terms, you could sit down and figure it out together and then file it with the court as an agreed order with the force of law.

“The above information does not constitute an attorney-client relationship, it is merely for information purposes.”

[–]yoball[S] 0 points1 point2 points 1 year ago (0 children) | Copy Link