Dividing Debt in a Wisconsin Divorce Case
Wisconsin is a marital property state, which means both parties in a divorce case are responsible for debts from the marriage. Creditors can come after either of you (or both of you) for repayment of debt that you incurred before you filed for divorce or a legal separation.
What if You Didn’t Incur Any of the Debt, but Your Spouse Did?
In some cases, one spouse is responsible for most or all of the debt; even worse, sometimes one spouse doesn’t even know about credit cards that the other spouse has.
When it comes to situations like these, the courts will look at the “big picture.” Your judge will evaluate all the special circumstances surrounding the debt and make a decision based on the evidence.
Do You Need to Talk to a Lawyer About Dividing Debt in Your Divorce?
We can help you with your divorce, from division of property and debt to child support, custody and placement. Call us at 414-383-6700 or 262-650-6700 for a free divorce case review – we’ll answer all your questions and help you start moving toward the next chapter in your life.