Understanding Debt Division in Connecticut Divorce 📌 In Connecticut, the division of debt follows the principle of "equitable distribution," meaning debts are divided fairly but not necessarily equally. Courts consider factors such as income, contribution to the marriage, and financial needs. 📌 Both marital and separate debts are evaluated. Marital debts are those incurred during the marriage for the benefit of both spouses, while separate debts belong to one spouse and are typically not divided. Key Factors Courts Consider in Debt Division 🔹 Who incurred the debt? If a debt was taken on by one spouse without benefiting the other, that spouse may be solely responsible. 🔹 Purpose of the debt. Courts assess whether a loan or credit card charge was used for family expenses or personal spending. 🔹 Ability to pay. If one spouse has a significantly higher income, they may bear a larger portion of joint debt. 🔹 Prenuptial agreements. If a prenup outlines specific terms for ...
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