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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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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“Divorce is a horrible time in anyone’s life. It is filled with stress and life-changing decisions Samuelson Hause PLLC is a law firm that gives you the information and confidence to make the right decisions.”Michael Creagh
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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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“Wendy is a great matrimonial attorney. She is understanding, knowledgeable, sharp, professional and knows how to get the job done. She is everything you want in a matrimonial attorney.”D. B., Esq. -Partner of a Long Island multi-specialty law firm
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“My ex-husband started the proceedings of our separation in the Winter of 2005. I met Richard Hause after being quite disappointed with my previous experience with a counselor. I was impressed from the very first meeting by his knowledge of divorce laws and”R. Rita Mosca
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“Most importantly, she really cared about me as a human.”Fan Y.
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“I worked with Tracy Hawkes, she was great throughout the entire process.”Tina M.
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“Richard Hause was highly recommended when I needed a divorce attorney and his reputation is well-deserved.”Thomas S.
