What happens to joint debts and liabilities in a divorce in New York?
In a divorce in New York, joint debts and liabilities are typically addressed through the equitable distribution process. Here's an overview of what happens to joint debts and liabilities: Identification of Joint Debts: The first step involves identifying all joint debts and liabilities incurred during the marriage. This may include mortgages, car loans, credit card debt, and other financial...
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