When assets and debts must be divided in a divorce, there are many issues that may come up during the division process. When bankruptcy becomes an issue, it can have an impact on who will get what after the divorce is finalized. Ginger L. Dugan discusses everything divorcing Floridians need to know about property division and bankruptcy.
This session will discuss:
- what an equitable distribution state means
- the difference between marital property and separate property
- how joint debts are divided in a Florida divorce
- what a person can do to prevent their spouse from trying to sell marital property before the divorce is final
- whether or not premarital or prenuptial agreements override normal property division rules
- what happens when a spouse moves out of the marital home and whether or not they are still obligated to pay rent, mortgage, and other bills associated with the home
- how to stay protected against mortgage debt post-divorce
- whether or not a spouse is entitled to a portion of their spouse’s business after a divorce
- the effects of bankruptcy on alimony, child support, and division of marital assets and debts.