Home  >  Practice Areas  >  Property Division  >  Division of Debts

Raleigh Division of Debts Divorce Lawyers

When you and your spouse decide to get divorced, there are a number of bookkeeping details that need to be taken into consideration when dividing your assets, and this includes the division of debt. In North Carolina, divorcing couples will have their debt divided in a way that the court sees as most equitable. The court determines what is considered to be a fair distribution of debts based on the idea that the debt should not burden one individual more than the other once the divorce is finalized. Quantifying burden, however, sometimes calls for a precarious situation. As such, it would likely be wise to have quality legal support by your side throughout your divorce proceedings.

At Marshall & Taylor PLLC, our family attorneys offer their guidance to divorcing couples in the Raleigh community. We understand that every divorce is unique and want to make sure that you get the settlement you deserve, rather than finding yourself burdened with outrageous and unfair amounts of debt. To learn more about how we can help you equitably divide debts with your former spouse, contact the Raleigh division of debts attorneys of Marshall & Taylor PLLC by calling 919-833-1040 or reaching out to us online.

Why Do I Need a Lawyer?

In any type of legal proceeding, it is always advisable to have an experienced attorney by your side. While many people assume that they can save money by trying to complete legal work themselves, an attorney can actually save you money. The Raleigh division of debt attorneys at Marshall & Taylor PLLC deal with divorce cases on a daily basis, and they can use their practical knowledge of the law to make sure that you are left in the best position possible after a divorce.

Even the most amicable divorces can quickly become heated because you can encounter history and feelings when you least expect it. Any drama between parties can lengthen proceedings and ultimately cost everyone more time and money. An attorney can serve as your voice of reason and act as a buffer from your spouse, which will serve to limit the likelihood of your situation getting out of hand.

Because equitable does not always mean equal during a divorce, your ex-spouse may very likely try to take advantage of you and force you to accept more than your fair share of debt. A lawyer can ensure this does not happen by gathering evidence and making compelling arguments on your behalf. With a lawyer’s help, you are far more likely to come to a satisfactory division of debt than you would on your own.

Why Choose Marshall & Taylor PLLC?

At Marshall & Taylor PLLC, we take our responsibility to helping our clients seriously, which begins by making sure that your assets are fully protected and that you are confident about your position through the entire divorce process. After all, meticulous planning in the divorce stage is what can set you up for success in the future, and future success is what we wish for all of our clients. We see divorce as a beginning, and we’ll help you to view it as such as we try to put you in the post possible financial position to move forward with your life. This is a fresh approach that you will not see at other firms, and it makes the divorce attorneys at Marshall & Taylor PLLC some of the best in the business.

We know that divorce is difficult; it is not a fun process. But at Marshall & Taylor PLLC, we also know that it does not need to be exceptionally painful or combative. We don’t want to see two people who once loved each other destroy what remains of their relationship, especially when children are involved, which is why we lend our skills in family law to help our clients achieve amicable and desirable outcomes amidst a tough situation. When you select Marshall & Taylor PLLC to represent you in your divorce, you can hold your head high knowing that your dignity will remain intact and that your best interests will be protected.

As you proceed through the divorce process, you will be assisted every step of the way by a trusted member of the Marshall & Taylor PLLC divorce team. We are always available to answer any questions you may have because we understand that the process can be confusing and frustrating. Being knowledgeable about the process will help you to be as relaxed as possible through your divorce proceedings.

Factors in the Division of Debt

To ensure that debt is divided equitably between parties, judges in Raleigh examine a number of factors when determining the percentage of debt that is distributed to each spouse. Examples of factors that determine the division of debt include each individual’s:

  • Age
  • Health
  • Income
  • Assets
  • Liabilities

The court’s decision process is not limited to the above factors, and an experienced divorce attorney can help specify to the court what aspects of the distribution of debt are fair, or otherwise unfair.

When you engage Marshall & Taylor PLLC to assist in your divorce, we will spend a significant amount of time reviewing your finances to prepare your case. In this detailed review process, we can dig deep into the factors that will come to play in your specific situation. This kind of background information will build the case for your unique circumstances, and we can offer this information to the court for consideration as they make decisions that will affect your future.

Contact a Division of Debts Divorce Lawyer in Raleigh

At Marshall & Taylor PLLC, our Raleigh division of debts lawyers understand how important it is to your financial future that you receive a fair distribution of debt upon the finalization of your divorce. With a member of our team by your side, you can rest assured that your case will be handled with care, compassion, and efficiency. With the help of an experienced attorney, you can begin your new life without having to worry about absurd amounts of debt or the other negative aspects associated with disorganized finances. Call 919-833-1040 today or contact us online to speak with a Raleigh property division attorney.

Search Engine Optimization for Lawyers