Legal Question in Family Law in Ohio
divorce/money
I am on the verge of making a lot of money from an invention, what would be the difference if I got a divorce before I made this money vs after. Another question, how is credit card debt divided up in a divorce.
thanks
Asked on 1/24/08, 10:44 pm
1 Answer from Attorneys
Nancy Fioritto Patete
Nancy Fioritto Patete, Esq.
Re: divorce/money
Income earned during a marriage is considered a martial assets. Debts incurred during a marriage are considered marital debts. If the credit cards are in individual names only, the parties may agree to take on the debts of their own credit cards.
Answered on 1/25/08, 7:36 am