Ads
related to: ohio divorce laws and debt collection services
Search results
Results From The WOW.Com Content Network
Divorce is an unfortunate reality of life, as many marriages simply don’t stand the test of time. Financial issues following a divorce doesn’t have to be the reality, though. To avoid money ...
Dividing debt during a divorce can be as challenging as separating assets, and it requires a clear understanding of state laws, the nature of the debt and each spouse’s financial situation.
Divorce can be financially devastating — as one Cleveland man recently found out. ... Specifically, nine states have “community property” laws that split marital assets (and debts) 50-50 ...
For example, a man and a woman marry in West Virginia. During the marriage, the husband and the wife have children. In West Virginia, the husband and the wife divorce. West Virginia issues a divorce decree that gives the wife custody of the children and orders the husband to pay child support.
U.S. state laws on fair debt collection generally fall into two categories: laws which require persons who are collecting debts from consumers to be licensed, registered or bonded in order to collect from consumers in their states, and laws that protect consumers from specific unfair practices by debt collectors, which may include collection agencies and sometimes original creditors. [2]
The Uniform Marriage and Divorce Act §307 (UMDA §307) [3] also allows for the equitable distribution of property and lists factors the court should consider, e.g. "the duration of the marriage, and prior marriage of either party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...