How do I get a divorce with a lot of debt?

How do I get a divorce with a lot of debt?

The simple solution: Don’t have any joint accounts. Try to close them all and refinance the house, car and other loans in one person’s name. Cancel shared credit cards and transfer the debt to cards in each person’s name.

How is debt divided in a divorce in Colorado?

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Debt acquired during a marriage is considered marital property, which means that debt is divided fairly in a divorce. In Colorado, marital debt is divided fairly between you both, just like your assets. It does not matter whose name is on the card or the deed, the debt is considered the responsibility of both spouses.

Does Colorado require separation before divorce?

At least one spouse must meet the state’s residency requirement, which means living in Colorado for at least 91 days before filing for separation. Colorado is a no-fault divorce state which means that the court doesn’t require either spouse to point fingers at the other to prove the marriage is over.

Who gets the house in a divorce Colorado?

Colorado is a marital property state, meaning that the courts seek to fairly divide your marital assets between both spouses in a divorce. Generally speaking, that will include the home you purchased with your spouse. Everything you own ends up classified as either marital property or separate property.

Is Colorado a mom State?

Colorado does not have joint custody or sole custody. Colorado uses the term parental responsibility – which can either be joint or primary. If a parent has less then 90 overnight visitations with the minor child, the other parent is considered to have primary parental responsibility.

Do you need a lawyer to get a divorce in Colorado?

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You’ve probably heard that some people get divorced without getting an attorney. In Colorado, where divorce is legally known as “dissolution of marriage”, it is indeed possible to pursue a divorce case on your own.

How long does an uncontested divorce take in Colorado?

30 to 90 days

How much does an uncontested divorce cost in Colorado?

How Much Does a Divorce Cost in Colorado? In order to get a divorce, you, or your spouse, must file a petition for dissolution of marriage (divorce). Courts charge fees for filing legal paperwork. The current filing fee for a divorce petition is $195.

How can I get a quick divorce in Colorado?

You can file for an uncontested divorce by submitting “an affidavit for decree without appearance of parties” in the district court of the county where either you or your spouse lives. Your county district court clerk’s office should have a form affidavit you can use.

How long after divorce can you remarry in Colorado?

91 days