The Sand Springs Family Lawyers at Tulsa Divorce Attorneys and Associates can help you regardless of the family law issue. When a couple divorce’s there’s a host of issues that need addressed. From child custody and visitation on down the line you’ve got to unwind your emotions and finances. In addition to child custody and visitation you’ll have to figure out whose debt belongs to who. It seems simple on its face but in divorce it can change real quick. And if you have property to divide or someone is paying alimony this can complicate things even more. If you’d like some information on dividing debts in divorce read on. Otherwise read our family law blog for a topic that’s interesting to you.
Dividing Debts in an Oklahoma Divorce
During the course of your marriage any debts that were incurred for the purpose of the marriage are divided equitably. When the Court says equitably
it means as close to evenly as possible. This means that if you bought something solely for your use its still seen as being for the purpose of the marriage. And, if it was bought while you were married both marital party’s are responsible for it. A big question I get is if the divorce decree makes the other party responsible for all or part of the debt does the creditor have to accept the terms and let me off the debt. The short answer to this is absolutely not. If its a debt assigned to the other marital party and they don’t pay, the creditor can still come after you if you are on the original debt. If this is the case the only remedy you’ll have is a contempt citation against your former spouse for failing to follow the final decree.
Sand Springs Family Lawyers Near You
If you’ve got a family law case in Sand Springs or anywhere in Oklahoma we can help you. Our divorce and child custody attorneys have helped countless people in Oklahoma with every possible kind of family law case. Get the legal advantage you need. Call today for a free family law consultation.
Tulsa Divorce Attorneys Blog
Custody matters are typically stressful on both the parents and their children, as our Tulsa child custody attorneys are very aware. Whether parents have recently gone through divorce, or perhaps never married, its in the best interest of your children that the parents limit a child’s exposure to the conflict. However, there are legitimate reasons for preventing some parents from having custody and/or visitation rights. Such reasons include a parent’s abusive behavior, a parent’s mental and/or physical unfitness, a parent’s absence from the child’s life, where each… Read More
Oklahoma has become home to the biggest U.S. divorce settlement, and the battle is not over. In November, an Oklahoma Family Law Court ordered Harold Hamm, an Oklahoma oil magnate, pay his ex-wife roughly $1 billion in a divorce settlement. This followed the dissolution of their 26 year marriage. Hamm is the founder of oil drilling company Continental Resources. His ex-wife Sue Ann Arnall is an Oklahoma attorney. Hamm provided Arnall with a check for a whopping $975 million, representing the balance owed to Arnall. She accepted… Read More
Divorce is rarely simple, but when one or both spouses are in the military, additional laws and circumstances come into play. A military divorce in Oklahoma requires navigating both state divorce laws and specific federal regulations that protect service members and their families. How Is a Military Divorce Different? Military divorces involve all the same issues as civilian divorces—property division, child custody, support, and alimony—but certain unique factors add complexity: Residency and Where to File In Oklahoma, you can generally file for divorce if: For families constantly… Read More
Oklahoma is an equitable division of marital property state regarding inheritance in a Tulsa divorce. This means that any assets acquired during the marriage must equitably divide in a divorce. Parties in a divorce may keep those items that they acquired prior to the marriage. Also they keep those assets they acquired after they physically separated, along with assets acquired through gift and inheritance. However Who gets your inheritance in a Tulsa divorce may be a tricky matter. Certainly inheritance, like a retirement account, is an asset that one can… Read More