Orlando Divorce and Debt Lawyer

No one plans to get behind in paying bills. Individuals going through the divorce process can especially be caught unaware by their spouse’s mounting credit card bills.

When it comes to Orlando divorce and debt, a judge can issue an order regarding equitable distribution of the debt. But the courts are unfortunately limited in making an ex-spouse pay his or her portion of marital debt after the divorce is finalized. This happens to the detriment of the other spouse.

Speak with an experienced Florida attorney at our firm today.
Call 855-Kramer-Now (855-572-6376)
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A common example of marital debt is credit card debt. Credit card companies are not interested in someone’s divorce decree. They are going to enforce their signed credit card agreement. In the case of a joint credit card account, when a spouse who was assigned by the divorce court to pay the marital credit card debt fails to pay, the other spouse is fair game to the creditor to hold responsible for payment.

An Orlando divorce and debt lawyer at Kramer Law has experience in multiple practice areas to best safeguard our clients from extreme, unfair and uncalled-for debt or Tax Liability. Our first priority is to answer your questions, evaluate your case and explain various debt-relief and protective options to you. We are here to help you make some of the most important decisions of your life.

If you are divorcing or have divorced and find yourself snowballing in debt, there are very workable relief options that we can help you with right away. We also employ all legal means available to stop harassing phone calls and letters. Contact Kramer Law today for a free, no-obligation consultation. An Orlando divorce and debt lawyer can be reached by calling 855-Kramer-Now (855-572-6376).

Credit Card Debt after Divorce

High credit card debt is all too common for couples facing divorce. Equitably distributing credit card debt does not mean the debt is split down the middle. Instead, a judge divides marital property and debt in what appears to give each party a fair share of benefit and obligation. The court will consider the financial situation of each spouse, contributions by each partner during the marriage, how long they were married and the best interests of the children.

Although credit card debt accrued during marriage may be either split or assigned to one spouse, both ex-spouses are accountable for payment if the debt falls into default. Creditors are not bound by any Florida divorce decree, and therefore credit card companies will still hold you responsible for your spouse’s debt if it is a joint account. If you are unable to pay, this can wind up severely damaging your credit ratings. For this reason, it is imperative to terminate all joint accounts as soon as you realize you are going to file for divorce.

Bankruptcy after Divorce

Many times, divorce is a result of financial problems. It is not uncommon for an ex-spouse to file for bankruptcy after a divorce, as unexpected or unmanageable debt becomes overwhelming. Bankruptcy may discharge the bulk of certain debt completely. At Kramer Law, we have vast experience in family law and we are also bankruptcy attorneys. The benefit for the clients we represent in divorce is that we prepare them for and protect them from what could come should bankruptcy or other serious debt arise.

Debt Relief after Divorce

For many clients who struggle with the harsh financial realities of divorce, bankruptcy is not the best or right solution. Our attorneys represent clients in various Florida debt settlement and relief actions to help them quickly and decisively get back on their feet and move forward with their lives.

Get the answers you need to choose the right solution for your financial future. Speak with an experienced divorce and debt attorney today in a free consultation.

Any Legal Issue

The Orlando attorneys at Kramer Law understand that legal concerns are rarely confined to one area of law. This may be especially true in the sphere of divorce and debt relief matters. When you need a dedicated, full service law firm to go to bat for you, we want to be the one firm you call.

Altamonte Springs Office
999 Douglas Avenue
Suite 3333
Altamonte Springs, FL 32714
407.834.4847
Downtown Orlando Office
37 N. Orange Avenue
Suite 500b
Orlando, FL 32801
407.339.0269
CALL 855-KRAMER-NOW