Who is responsible for student loan debt in divorce?

Who is responsible for student loan debt in divorce?

3 Important College Funding Questions to Answer During a Divorce. ] Did your spouse co-sign a student loan? Most private student loans require co-signers. If your spouse co-signed a private student loan for you during your marriage, then he or she is legally responsible for the debt as well, even after divorce.

Is a spouse responsible for student loan debt?

Marrying someone with student loan debt won’t make you liable for their loans. No. Student debt that you bring into a marriage remains your debt. Your spouse might help pay down your debt, but you’re the only one legally responsible.

Are student loans included in divorce?

Legally, any student loan debt you incurred before getting married is considered separate property and remains so after the divorce (with the exception of a prenup stating otherwise). So if you borrowed $70,000 to attend law school before marrying your spouse, that debt is yours.

How long do divorces take in Oregon?

Divorce in Oregon usually takes less than 2 weeks from the filing of the Co-Petition or 5-6 weeks from the time the spouse is served in a Single Petition Divorce. At the end of the 2-6 week period, a Judge will sign the Divorce Decree and you will be sent a copy. We provide the waiver for any applicable waiting period.

What is second wife of husband called?

It’s called a concubine. You can only have one wife. If you want to name someone else as your wife, you have to remove the title from your current wife. Otherwise, it’s Bigamy. A concubine is like a wife of lower rank and it’s not a wife.

Is it possible to remarry your ex wife?

If you are committed to remarrying your former spouse, you should plan on being in a loving relationship for a minimum of a year before tying the knot again. During that time, you need to address the reasons why you divorced in the first place. After all, you are marrying the same person.