How do I ensure that all of our marital debts are resolved in a collaborative divorce?

In New York, ensuring that all marital debts are resolved in a collaborative divorce requires the cooperation of both parties. Both spouses should consult with their attorneys to determine which debts must be paid, how they will be paid, and who will be responsible for them. It is important to obtain copies of all marital debts from credit reporting agencies and provide them to the attorneys. Once this is done, the attorneys will assist each party in determining what must be paid and how. This includes working out agreements on who will pay which debts, making sure all debts are paid off, and ensuring there are no disagreements over the amount due for each debt. It is also important to keep copies of account statements and payment plans from the creditors and credit reporting agencies to make sure all marital debts are paid in full. Credit reporting agencies can provide copies of accounts that show payments due, payments received, and overall account balances. In addition, having both parties sign a written agreement to settle their marital debts is also important. The agreement should include the amounts due, the payment plan, who is responsible for each debt, and the date of payment. This will ensure that all debts are paid in a timely manner and avoid any misunderstandings between the parties. Finally, it is important for the parties to work with an experienced attorney who can guide them through the process of settling their marital debts and ensure they receive a fair settlement. With the help of legal counsel, both parties can work together to negotiate and resolve all their marital debts in a collaborative divorce.

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How do I ensure that all of our marital debts are resolved in a collaborative divorce?

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