- What debts do the parties have?
- What business debts or mortgage debts do the parties have
- Who will be responsible for debt repayment after the divorce?
- What timeframe will be there be to pay off community debts after divorce?
- What if one party wants to file for bankruptcy and the other does not?
At A Fair Way Mediation Center we will evaluate each type of debt which has been accumulated during the marriage. Some debts are to be considered as "Community." Others are "Sole and Separate." A repayment plan needs to be devised and set forth in the Marital Settlement Agreement which is uniquely prepared for each couple.
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