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Divorce not only dissolves a marriage but also leaves behind complex financial matters, particularly when it comes to debt. While some assume that the debt follows the person who incurred it, the ...
In a fault divorce, reconciliation and condonation share similarities. [48] If either the husband or wife decides that forgiveness is given, a defense for fault cannot be obtained. [48] As an example, in the case of abandonment, the divorce can't be based on abandonment because one of the spouses forgives on that issue. [48]
The inability of a husband and wife to contract with one another was due to the concept of marital unity: at the time of marriage, husband and wife become a single entity or person. [4] [5] Since one may not enter into a contract with one's self, a postnuptial agreement would thus be invalid. Even after U.S. courts began to reject marital unity ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
4. Other mortgage options after divorce. There are a few other mortgage options that may be worth considering amid a divorce. For instance, it is possible to keep the mortgage as-is, but this ...
In the United States, marriage and divorce fall under the jurisdiction of state governments, not the federal government. Although such matters are usually ancillary or consequential to the dissolution of the marriage, divorce may also involve issues of spousal support, child custody, child support, distribution of property and division of debt.
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