Recent Posts in separate debt Category

Texas Divorce Overview: Dividing Community Property and Debts

Community property is defined in the Texas Family Code as any property that is acquired by either or both spouses during marriage by any means other than gift or inheritance. This is obviously a ...
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Debt division in a Texas divorce

Even if you don’t know much about getting a divorce in Texas it is likely that you have heard that Texas is a community property state. You may not know exactly what this means or how it could ...
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Handling the issue of credit card debt during your divorce

Despite how powerful the judge may seem in your divorce case he or she cannot do anything to affect a contract that you had agreed to with a credit card company. If you agreed to pay a certain ...
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Is a Common Law Marriage Just as Good as a Ceremonial Marriage?

Recently, I had a consult involving an informal marriage or common law marriage. The wife was concerned about what rights she had. Her story involved verbal abuse, physical abuse, and an altercation ...
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The community estate in a Texas Divorce: Where is all of our stuff going?

The part of a divorce that proves to be the most difficult time and time again (other than issues relating to children) is what ultimately happens with your community estate. The community estate that ...
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Who decides how your community property is split during a Texas divorce?

If you and your spouse were to take all the community property that you own and put it towards the center of an imaginary (and huge) table during your divorce, the next question that would need to be ...
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How to achieve a successful divorce from a financial perspective, Part Three

If you have been reading the Law Office of Bryan Fagan’s series of articles on how to achieve a successful divorce outcome the it is likely that you have either filed for divorce already or are ...
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Handling debt in a Texas Divorce

When either you or your spouse incur a debt during the course of your marriage it is presumed to be included within the community estate. On the other hand, if you have incurred a debt before you were ...
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How credit cards and debts are handled in a Texas Divorce

When people are contemplating a divorce their first concern is usually their children (if they have any) and the property. The family home, motor vehicles, vacation houses, etc. are at the forefront ...
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Getting Ready for Divorce in 2017 in Texas: Part One of a Two Part Series

Whenever a potential new client walks into the Law Office of Bryan Fagan for a free of charge consultation the person will usually approach their family law situation in a straightforward manner. It ...
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Protecting your Credit during a Texas Divorce

When it comes to financial matters in today’s world your credit score means a great deal. Whether you want to apply for a home loan, a credit card or secure financing for a business opportunity, ...
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How are Student Loans divided in a Texas Divorce?

A student loan is a type of debt- one that many folks have in the State of Texas. Debts as well as property are divided up in a divorce based upon whether they are community debts or separate debts of ...
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What Happens to Marital Debt During a Texas Divorce?

A Divorce in Texas deals with three primary areas of two persons lives: Dissolving the marriage relationship determining conservatorship/possession/acc ess for children (if any) and dividing the ...
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