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  2. Who is responsible for debt after divorce? - AOL

    www.aol.com/finance/responsible-debt-divorce...

    Taking the time to separate and evaluate assets and debts carefully ensures a fair resolution that accounts for each party’s financial situation post-divorce. Next steps. Dividing debt during a ...

  3. Divorce and your mortgage: Here’s what to know - AOL

    www.aol.com/finance/divorce-mortgage-know...

    4. Other mortgage options after divorce. There are a few other mortgage options that may be worth considering amid a divorce. For instance, it is possible to keep the mortgage as-is, but this ...

  4. Divorce settlement - Wikipedia

    en.wikipedia.org/wiki/Divorce_settlement

    A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...

  5. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction is a settlement of an unliquidated debt. For example, a builder is contracted to build a homeowner a garage for $35,000. The contract called for $17,500 prior to starting construction, to disburse $10,000 during various stages of construction, and to make a final payment of $7,500 at completion.

  6. How to pay off a debt in collections

    www.aol.com/finance/pay-off-debt-collections...

    Before taking any action to pay off a debt in collections, it’s crucial to verify that the debt belongs to you. Gather all relevant information about the debt, including the amount owed, the ...

  7. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Credit card accounts may go into collection after they are charged off, typically 180 days after the last payment on the account but it's not that common because collection agents only pay 1 to 12 cents to the dollar to creditors for the debt. Most creditors would rather settle for 30 to 60 cents to the dollar with the debtor directly.

  8. How to stick to your debt repayment plan - AOL

    www.aol.com/finance/stick-debt-repayment-plan...

    Being in debt can take a toll on your mental health. In contrast, paying off debt can come with a feeling of emotional relief. It can give a sense of freedom and the empowerment of knowing you ...

  9. Division of property - Wikipedia

    en.wikipedia.org/wiki/Division_of_property

    The Uniform Marriage and Divorce Act §307 (UMDA §307) [3] also allows for the equitable distribution of property and lists factors the court should consider, e.g. "the duration of the marriage, and prior marriage of either party, antenuptial agreement of the parties [which is the same as a prenuptial agreement or premarital agreement], the ...