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24/7/365 Emergency Hotline: 631-348-1702

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24/7/365 Emergency Hotline: 631-348-1702

If you have been arrested, or in case of an emergency, our attorneys can be reached 24 hours a day, 7 days a week, at 631-348-1702.

Student Loan Debt And Equitable Distribution

In New York State, a judge will determine the equitable distribution of assets if there is no prior written agreement between the parties. Equitable distribution refers to the separation of assets and financial responsibilities of the parties. In order to properly complete this process, a judge must know all of the marital assets and debts, including student loans.

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Separate Assets May Be Divided As Communal Property

Generally, in a divorce, there are communal assets and separate assets. In New York State, all assets acquired during the course of a marriage are considered communal property. This is commonly known as shared property or marital property. Separate assets refer to property that is independently owned by one spouse. Today, distinguishing between separate property and the communal property has become more complex, due to more individuals having a significant number and range of assets.

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Reviews

This company do i good job .
Response from the owner:Thanks Felipe!
Response from the owner:Thank you David
Recommended 100%. The attorneys are the best ones on LI. Everyone is so friendly especially the young lady with the red hair.
Response from the owner:Thanks Dante!
Thank you for everything. I will be recommending them to everyone. Excellent job.
Response from the owner:Thank you Ms. Vines.
Professional and helpful. Top recommended.
Response from the owner:Thank you Lateef.
Very good at what they do. I would recommend to everyone!
Response from the owner:Thank you Raven.
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