Long Island Debt Division Attorney
How Are Debts Divided in Divorce?
Equitable distribution in a divorce proceeding is not limited to money and property alone. Debts acquired during marriage are also divisible under New York marital law. In order to determine which party receives what debt, it must be determined who acquired the debt or who is receiving the property for which the debt is owed. For example, if an automobile is awarded to one party in a divorce, it is likely that they will be responsible for any debt still owed on the vehicle, as well. As for credit card debt and other debts accumulated by both parties, if it cannot be determined that one party accumulated the debt wastefully, it will likely be distributed equally.
Debt division is one of the most sensitive and difficult areas of the property division process. No one should ever end up paying for a debt they do not owe, which is why you should contact a Long Island divorce lawyer from Samuelson Hause PLLC right away. Our legal team has extensive experience in all areas of family law, including debt division, and can skillfully argue for a fair distribution of your marital debts.
Consult a Divorce Lawyer
If you are looking to obtain a divorce in the Long Island area, you deserve the highest quality representation available. Our firm was founded by Elliot D. Samuelson, one of the best and most respected marital lawyers in New York, and has continued with his legacy for many years. Our firm is dedicated to professional excellence and was named a Tier 1 Family Law Firm by U.S. News and World Report. We were also included in The Best Lawyers in America® . Contact our firm today to set up an appointment for a case evaluation. You will be able to speak with an attorney who can help you with fair debt division in divorce.
Why Choose Samuelson Hause PLLC?
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Accredited By the Better Business Bureau (BBB®) for High-Quality, Ethical Legal Practices
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Included In Best Lawyers In America
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Top-Tier Matrimonial Law Firm with US News & World Report
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Three Attorneys Listed in New York Super Lawyers ®
Testimonials
Our Determination & Dedication Is Recognized by Our Clients
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“Life happens sometimes not in a good way. By pure chance and God's good grace, I came upon Samuelson Hause PLLC while searching for divorce lawyers in NY.”F.A.
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“Having been married for over 43 years, I was a "deer in the headlights" when it came to facing the facts that my marriage was ending. I was recommended to Wendy Samuelson by a friend of a friend and from our first meeting, I knew she was the atto”P. De Riso
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“Despite the unpleasant nature of divorce, the attorneys at Samuelson Hause PLLC were a pleasure to work with.”J.F., Finance
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In selecting Elliot Samuelson as among the leading divorce attorneys on Long Island, over 185 interviews were conducted over a 7 month period. Mr. Samuelson is the author of 5 books including Matrimonial Motion Practice in New York. He has been named to “Ten Leaders” of Matrimonial and Divorce Law of Long Island.Digital Press International
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Very tough divorce case but Wendy and Anna assisted me in every way possible and are wonderful people to talk to!Todd
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Many thanks for recommending Wendy Samuelson for my sister. She is very pleased with her and has signed a retainer. This was a huge step for my sister - one that has taken many years. Having a caring and compassionate attorney made it happen.Anonymous
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“Elliot Samuelson is one of the most prominent matrimonial attorneys in New York. He has published more articles than perhaps any other matrimonial attorney and talked shop on Larry King Live.”Long Island Business News, the pulse of Long Island business
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Gratitude- This is what I'm filled with as a result of Wendy and Anna handling my divorce. Expertise combined with warmth and humanity made what was the most difficult time in my life conclude most satisfactorily! No small feat in a divorce proceeding!Jorden Weiss
