Tag Archives: “Separate Property” “Separate Debt” “student loans” “credit card debt” “Equitable Distribution” Recoup

Marital Funds Used To Pay Separate Debt Results in Claim to Recoup

The Appellate Division answered a common question- what happens when one spouse uses marital assets to pay a separate obligation. It is quite common for the parties to enter the marriage with existing  financial obligations, whether it be student loans, credit card debt or even an obligation to pay child support  or maintenance from a…
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