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Posts tagged "marital property"

How do New York family courts divide student debt? (2)

Earlier this week, we began a discussion of student debt and how it is divided in divorce. While loans that are taken out before marriage are often relatively easy to split, debt that is incurred during the marriage is a bit trickier. Technically, that debt can be considered marital property, and in New York and other equitable distribution states, it could conceivably be divided among the spouses.

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