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HOW DOES THE COURT ALLOCATE DEBTS?

Court debts
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HOW DOES THE COURT ALLOCATE DEBTS?

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Customarily, married people have debts that they have acquired together during the course of the marriage. If you or your spouse still have debts which were incurred before you were married, those debts will generally be the separate debt of the spouse who created them. It is important to be aware that the way you and your spouse choose to divide your joint debts (i.e. in who’s name the debt is carried) is not binding on the person or place to whom you owe the debt.

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