How Is Student Loan Debt Divided In Divorce?

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For the most part, student loan debt acquired BEFORE marriage remains separate property. Student loan debt acquired DURING the marriage becomes a bit more problematic. Things also vary depending on the types of loans. With federal loans, for example, the name on the paperwork matters most. Private loans usually require a co-signer, which, in the case of married couples, is most often a spouse.

how do writ of assistance's work

Writ Of Assistance, Divorce, And Child Custody in Oregon

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On a basic level, a writ of assistance is a written court order that instructs law enforcement, such as a sheriff or police officer, to take action to help one party obtain something specifically ordered in a previous court order. Essentially, this new order helps enforce a pre-existing order. When it comes to family law, there are a number of ways this can manifest.

How Is A Business Divided In A Divorce?

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The courts view your business as a divisable asset, and that’s what the court looks at. If you start a business while married, it will likely be considered marital property. That said, you’re not completely without ways to cover yourself. If you started the business before you were married, it would be treated as separate property. But if you invest joint funds, commingle marital and business assets or your spouse invests sweat equity it will muddy the waters.