Debts, Equitable Distribution

When splitting debts like credit cards, etc. are the debts split equally when one spouse makes alot more than the other spouse?

Yes, marital debt is divided equally, like marital assets, unless an equal division is unequitable.

It may be unequitable for one spouse to keep significant debt if that spouse is a dependent spouse and due alimony for example when the other spouse has the means and resources to pay it. But it may be equitable for a spouse to keep significant debt if that spouse is also keeping more of the assets.

Anna Ayscue

Attorney with Rosen Law Firm Cary • Chapel Hill • Durham • Raleigh • Wake Forest

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