Do student loans get divided in a divorce?

Do student loans get divided in a divorce?

All debt acquired before marriage remains separate property. So if you accumulate $100,000 in student loans before marriage, for example, that debt remains all yours even after you get divorced. In community property states, both marital assets and debt are divided equally between both parties.

Is Ma A 50/50 divorce state?

Everything is split 50/50 The bolded text is absolutely false. Massachusetts is an equitable division state. It means that at the time of divorce, judges look to see how to split property equitably.

Can I let my wife use my debit card?

Giving a Debit Card to another person is never recommended, because you will need to give them your PIN as well. Generally, any transaction using your PIN is automatically assumed to be authorized by you.

Is using someones debit card with permission illegal?

It’s not illegal to give someone permission to use your card — but it is a breach of your card contract and there are risks. “If you give your card to someone else, you open yourself to the risk of transactions being made on your card which you didn’t expect.

Can my son use my debit card?

If you want a friend or family member to pick something up at the store for you or to have access to money for some reason, you can give her your debit card and PIN so she can use the card. If you lose your debit card but report the loss to your bank immediately you are also protected.

Can my GF use my credit card?

You can use someone else’s credit card if they let you. The issuer only authorized the person who got approved for the card to access its credit line. So even using someone else’s card with permission is a violation of that card’s terms. In that case, the cardholder is liable for any charges you make.

Can I let someone else use my debit card?

It is legal, so long as you are not committing a crime in doing so. The key factor is the other person needs to know you are using this card and have given you permission to do so (and often the pin number of the card so you can use it).

Can I let someone else use my bank account?

If you are asked by someone to let them use your bank account to hold money, it does not necessarily mean that they have really bad intentions. If your friend is concerned about a garnishment or the bank holding up their money, it is best in the short term that they just keep it in cash rather than get others involved.