Thompson Family Law, P.A.
Toll Free: 888-550-6071
Local: 239-243-9297

Property Division Archives

Dividing up debts during a divorce requires negotiation

Couples who decide to divorce often concern themselves with how they're going to split up things like their homes, cars, jewelry and other valuable items. We seldom hear about which spouse is going to assume responsibility for the debts that they've amassed though. Perhaps it's rarely discussed because couples don't realize that just like their assets, any debts will have to be split up. They have to though.

Splitting up home and household items in a divorce isn't easy

You've probably heard a line to a famous song sung many times before — "breaking up is hard to do." When writing those lyrics, the songwriter was most likely referring to the emotional baggage that comes with leaving a boyfriend or girlfriend behind. It's unlikely that they referring to the financial burdens that come with splitting assets when couples divorce.

Protecting your credit during a divorce can prove to be difficult

When couples decide to divorce, they often think about how they're to divide up tangible assets. They, however, rarely think about what's going to become of their personal or shared debt. This is one of those things, though, that couples must discuss when it comes to property division.

What happens with the house when we divorce?

When a husband or wife first receive divorce papers from their spouse, one of the first things that runs though their mind is what will happen with their home. In a state like Florida, where equitable distribution is king, the judge will generally split up property in a way that he or she deems fair or equitable.

How to protect yourself from losing your home during a divorce

One of the most frustrating things about divorcing after being married for several years is thought of having to part ways with the home you've lived in for some time. Aside from it being perhaps the most expensive asset that you own, you've also likely developed a emotional connection to it.

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Thompson Family Law, P.A.
3949 Evans Avenue, Suite 206
Fort Myers, FL 33901

Toll Free: 888-550-6071
Phone: 239-243-9297
Fax: 239-936-2542
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