You must make a full disclosure of assets and debts in a Louisville divorce. Kentucky law clearly requires every individual to make a full, transparent disclosure of all financial assets and liabilities in a divorce. We are often asked "what specifically must be disclosed?" The short answer is simply any and all information you possess...
How To Protect Yourself from the Debts of a Spouse
Are you wondering how to protect yourself from the debts of a spouse. There are many ways debt can be quickly accumulated. One of the first issues to address is perhaps student loans. It is not uncommon for each of the parties to have student loans as they approach a marriage. If the amount of...
A Louisville Divorce Can Affect Your Credit
There are many ways a Louisville divorce can affect your credit. What do you need to be aware of as you work through the process of a divorce? Those who are considering getting divorced might have heard that divorces can impact your credit score. There are several things that might occur during a separation which...
Commingled Assets and Debts in a Louisville Divorce
How will the Court handle commingled assets and debts in a Louisville divorce. Generally speaking, there are principally two types of marital property in a Louisville divorce – “marital property” and “separate property.” Basically, marital property will encompass any assets and debts which are obtained by the parties jointly or separately from the date of...