Legal Question in Family Law in New York

If two people are getting a divorce, however, they both have separate credit cards, and separte bank account, is each other responsible for the other debts and do they have to spit the money in there personal account?


Asked on 3/01/10, 7:11 am

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

Even if the assets and liabilities are in separate names, it is still deemed marital property subject to equitable distribution.

Mike.

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Answered on 3/07/10, 5:48 am


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