Marital Debt and Divorce
Finances are often the cause of many marital disputes in Georgia, many times leading to a separation or divorce. The stress of substantial debt can put strain on a relationship; if there are other issues in the marriage, it can be the final strain that leads to divorce. When this occurs, there are many factors to consider, including how the debts will be split after the divorce and how it will affect both spouses.
At G. Cleveland Payne III P.C., we have been assisting our clients in Georgia with their family law legal issues since 1980. Our experienced lawyer, Cleveland Payne, offers advice and legal counseling for those considering divorce, helping them understand the financial consequences and options available. Having a trusted legal expert on your side can help you determine how best to move forward and reduce personal financial hardship due to marital debt issues.
Questions on Marital Debt
If you are considering divorce, but have a substantial amount of marital debt, you may have many questions on how this will affect your future. Cleveland Payne, our experienced divorce lawyer, can advise you on the legal aspects of your financial situation. Taking a close look at your finances, Mr. Payne can offer guidance on what options are available to minimize the impact on your personal finances, credit and other aspects of your life. Each situation is unique; it is important to understand what steps you can take and how these actions will affect your financial future with personalized legal advice.
If you are considering divorce in Marietta but have concerns about the marital debt you share with your spouse, contact us at G. Cleveland Payne III P.C. Call us at (770) 424-1400 or complete the e-mail form on this website. We can answer your marital debt questions and give you the legal information you need to make the best decisions for your future.