What is a dissolution of Marriage?

Are you getting ready to divorce in Florida? If so, you might hear terms like divorce, dissolution of marriage, and annulment used frequently. Technically speaking, there is no distinction between a divorce and a dissolution—although an annulment is a distinct action that may be permitted in a very small number of situations. Here, our divorce lawyer in Clearwater outlines the essential information concerning Florida law related to annulment, divorce, and dissolution of marriage.

What is a dissolution of marriage?

If you are wondering what is dissolution of marriage is? continue reading, Dissolution, often known as divorce, is a court’s official, legal dissolution of a marriage. Your marriage and your legal union are both ended by a dissolution of marriage. A dissolution does not “undo” the marriage in the same way that an annulment does. It is a formal end to the marriage instead. You and your spouse require dissolution of marriage if you want to end your marriage.

How Do You Get a Dissolution of Marriage?

On your state court website, you can find the dissolution of marriage form, which differs by state. It also asks if the petitioner requests child custody, spousal support, child support, or property distribution. This form requests basic information about you and your spouse, including names, addresses, dates of birth, and the date of your marriage.

Who is responsible for the debt after a divorce?

It’s critical to comprehend what will happen if you file for divorce if you have a lot of debt during your marriage. Therefore, knowing who is responsible for the debt after a divorce is crucial.

You might not be liable for what you believe you are and might be in debt for something you believe your spouse should pay. The laws of the state where you reside, any pre-nuptial agreements in place, and whose signature is on the loan or credit card agreements will ultimately determine a large portion of your legal responsibilities.

You are legally responsible for these debts, for instance, if you co-signed or signed on as the borrower on loan during your marriage for your spouse. Or perhaps you borrowed money for your lover with the understanding that they would repay you. Even if you and the other borrower agree that the person who promised to pay back the loan is the one who is responsible for it after the divorce, the lender won’t be concerned about this as you are the only borrower.

Even if your spouse promises to take care of it, any late fees assessed due to a spouse’s unpaid loans for whom you served as co-signer will also be legally your obligation. You are also liable if your name appears on loan. When sorting through inquiries regarding financial accountability, it’s also crucial to comprehend the distinction between marital debt and separate debt.

Debt accumulated in one’s name before the date of marriage is considered separate debt, whereas debt accumulated during a marriage is referred to as marital debt.