How is debt divided in divorce in Indiana?

How is debt divided in divorce in Indiana?

Debts are lumped with assets as part of a couple’s marital property, and thus, must be divided as part of the divorce. Indiana is an equitable division State, meaning marital property is divided according to what is fair, which may or may not be equal.

Can you date while separated in Indiana?

With that being said it is really, truly, a terrible idea to begin dating again before your Indiana divorce is final…. even if you are separated. In Indiana, unlike some state, the mandatory waiting period from the date of the filing of the divorce petition until the divorce can be final is sixty (60) days.

Can you sue for adultery in Indiana?

Unlike some other states that have retained fault-based grounds for divorce, infidelity is not grounds for divorce in Indiana. The only time adultery has an impact on a divorce case is if one spouse used marriage assets to pay for the affair.

Who gets the house in a divorce Indiana?

The court will generally divide the marital property in half, and each spouse will get one half of the total property. This doesn’t mean each item will be split in half; one spouse might get the car and the other spouse might get the furniture.

Is Indiana a 50 50 State for divorce?

Indiana is NOT a community property state, which means that marital property is not automatically divided 50/50 between the spouses in a divorce case.

How can I protect my money from divorce?

Financial Documentation to protect your money during divorceCollect copies of financial documentation, ideally from a period of 12 months before your separation, including: Keep a running list of assets and liabilities to be divided during the separation – update this list as assets are sold or debts paid off.