Legal Question in Family Law in New York
Divorce Debt
My husband and I filed for divorce in 5/07. He took a loan against his 401 k for cosmetic surgery for me. Am i required to pay half of the remaining balance even if there was never a discuaaion of me paying back half?
Asked on 2/15/08, 4:35 pm
1 Answer from Attorneys
Debra Palazzo
Law Offices of Debra Palazzo, LLC
Re: Divorce Debt
Yes.
Even if it was a gift from him.....gifts are marital property. You are liable for half.
Answered on 2/15/08, 7:45 pm