Tampa, Florida

Dividing Debt in Divorce

How Will Debt Be Divided During My Divorce?

Do You Know How The Court Will Determine What To Do?

Determining how to divide assets during a divorce often becomes a contentious affair, especially in Florida where the shared property isn’t divided equally down the middle. This process may become even more contentious when you begin to factor in your and your spouse’s debts, especially since some of the arguments will revolve around determining what percentage can be considered shared property. Depending on the size of you and your spouse’s debts, this process could become increasingly complicated. An experienced family law lawyer can help you navigate this process in order to secure the most beneficial outcome.

Fill out our online form to request a case evaluation from one of our experienced Tampa family law lawyers.

Our Tampa family law lawyers at Givens Givens Sparks have spent decades providing the passionate and knowledgeable legal assistance families and individuals require in order to secure the outcome they need to move on to the next phase of their lives. Without the proper guidance, you could easily find yourself in a difficult position when working to determine how your assets should and will be divided, and it’s our job to ensure that you aren’t taken advantage of by your soon to be ex-spouse or the courts. Contact us today to discuss your case with a member of our firm.

What Should I Do To Prepare?

Just like any other assets considered during the divorce process, a key aspect to pay close attention to is whether or not it exclusively belongs to either you or your spouse and whose name is connected to the debt. Even if either you or your spouse agrees to shoulder the other’s financial burden, the company that is owed money isn’t likely to pay close attention to those agreements made in the courtroom. As long as it is your name on the financial agreement, you are likely to be responsible for any interest, fees and / or penalties.

It may be in your best interest to completely pay off your debts before signing the final divorce agreement. Not only will this help you avoid any financial complications from missing a payment, selling off real estate like your marital home could limit or even prevent arguments about who ends up where. Another option is to sign up for a new credit card and transfer your existing balance to the new account in order to ensure that everything is under the correct name. No matter the direction you choose to take, hiring an experienced family law attorney will help make sure you take the necessary actions to avoid any future complications.

Give us a call at (813) 375-0109 to speak with one of our Tampa family law attorneys today.

Hire Experienced Legal Representation Today

Divorce is a complicated and often contentious process, and it’s important to have someone in your corner whom you can trust. At Givens Givens Sparks, our Tampa family law attorneys have helped hundreds of families and individuals secure the outcome they need to move on from this difficult time in the best possible situation, and we’re committed to helping every new client achieve the same outcome. If you are interested in speaking with a member of our firm, give us a call at (813) 375-0109 or fill out our online form to start out with a case evaluation.

Testimonials

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  • “Rob, thanks for the great, very professional job.”

  • “Really amazing during this difficult time.”

  • “Dear Rob, Kelly and Anita, I cannot express my gratitude enough to all of you for your hard work in reaching a successful outcome in my case. You made every step of this difficult process much more bearable through your attentiveness, timely communication ”

  • “Rob, thank you so much for helping with all of this and know that I hold you and your staff in the highest professional esteem. No matter what was thrown at us, you had an answer that countered. Thank you so much for all of your hard work and more importan”

  • “Stann, thank you doesn’t seem like enough. You are truly a master negotiator.”

  • “We are glad that you were with us during this process.”

  • “Solid, tenacious, thorough, and reputable counsel.”

  • “Stann, I just wanted to drop you a line and let you know how much I appreciate the hard work by the attorneys in your firm.”

  • “We were able to leave with big smiles - all because of you!”

  • “Stann, I just wanted to say thanks. I was very impressed by the entire Givens Givens Sparks team and process.”

  • “I am very appreciative of the work Rob and his team put out for my case. And as I already said, he knows his stuff for sure. Please extend my thanks again to the whole firm for all of their help no matter how small it may have been.”

  • “You Helped keep me calm and understand the legal side of matters.”

  • “Good job today, Rob – thanks for the help!”

  • “Your team is amazing!”

  • “Rob, Chris and Paula, just a note to personally thank each of you for your time, expertise, knowledge and guidance through this long, and at times grueling process. We truly appreciate your due diligence through this process and your experts were a pleasur”

  • “If ever in the future I need any legal advice I will not hesitate to contact you.”

  • “Thank you for taking the time and spending long days and nights dealing with my case.”

  • “I just want to take a minute to tell you how amazing you are at your job!”

  • “Rob, I wanted to say THANK YOU for all of the time, effort and hard work you put into my case! Without your assistance and support, I would not be where I am now.”

  • “I am truly grateful for your efforts.”

  • “I will look to your firm in the future for any other assistance.”

  • “You are of the highest caliber.”

  • “Only you made the difference in our situation.”

  • “I have never experienced as great service as your team has provided me.”

  • “Very friendly and down to earth – they are real people.”

  • “Rob, thank you again for your counsel and care over the past few months. It has been a pleasure working with you. Please extend my appreciation to Paula and Arely as well for their work and process expedition.”

  • “You stepped up to serve the interest of our client seamlessly.”

  • “I could not have been more pleased with the work that Chris did for me.”

  • “Robert, I would not have expected anyone less, of your expertise, from my chosen lawyer! You have been both extremely competent and personable throughout your part of these proceedings, and I don’t believe anyone could have done a better job!”

  • “GREAT communication!”

  • “Diligent communications and follow-ups.”

  • “Beyond thorough and true to your original timeline.”

  • “Stann, Esther and staff, thank you so much for handling my divorce. I really appreciate your hard work and dedication.”

  • “Kelly and Tiffany, thank you both so much for all of the wonderful work you did for me in handling my divorce. I had feared it was going to be a stressful experience despite the overall situation and it was far from it.”

  • “They have always been accessible and courteous in meeting our needs.”

  • “Givens Givens Sparks will be my first thought if anyone ever asks about a referral to an attorney. Chris Givens and Peggy were not only very professional, but also friendly and helpful, and I truly believe they cared about my case.”

  • “I was very happy with the attention given to me by Chris Givens and his paralegal Peggy. They were very professional and at the same time made me feel comfortable and welcome. I will definitely refer.”

  • “I read your article on never badmouth your child's parent. Kudos!”

  • “I'm not sure I could have made it through the past 18 months without you guys.”

  • “So professional and caring!”

  • “Robert Sparks and his personal injury team fought with great effort to get the most out of my case. I appreciate all of your hard work guys, keep it up!”

  • “The legal team demonstrated experience explaining every step of my case. I was very satisfied with my settlement and will I seek their services for all my legal needs in the future.”

  • “I have worked with attorneys my entire professional career. My experience with Givens Givens Sparks was the best, by far, of any previous experience! Stann did a great job of guiding me thru the process, and more importantly, helping me keep my emotions i”

  • “My Givens Givens Sparks attorney stayed with me and fought for me.”

  • “Mrs. Garcia Is very professional and extremely helpful and organized.”

  • “The team at Givens Givens Sparks was very caring and kept us up to date on the claim.”

  • “Mr. Codling made my legal process easy.”

  • “All communication has always been timely and in a professional manner. Very thankful for the Givens Givens Sparks legal team in a stressful situation.”

  • “The personal attention given to the needs of our family's case has always been timely, professional, and accurate. I have gratitude for each person in the firm, but especially Mr. Sparks and Paula Bland.”

  • “The entire firm extended a personal interest in my case from the beginning to the end. My attorney, Chris Givens, created not only this interest but a personal relationship as a genuine friend not only during the course of my case but still continues prese”

  • “Communication was a strong point. When I had a question, an answer was provided in a timely manner.”

  • “Did exactly what they said. Period.”

  • “We really like Kelly. She's really quick on her feet and able to think outside the box, in terms of getting favorable solutions to our unorthodox situation. Tiffany is very helpful too, working with us as a team. My husband and I appreciate them both.”

  • “Stann Givens, Lindsay A. Moczynski and Arely Quiles, Paralegal/ Client Care Manager all were very helpful and professional. Great team, great job. Thanks, Stann!”

  • “Frequent contact, never left in the dark and wondering what was next. Thanks to Paula.”

  • “Kept in touch, always available, quick turnaround and very professional and courteous.”

  • “Very professional, polite and always respectful. I felt your team had my best interests at heart and that you tried wherever possible to keep costs to a minimum.”

  • “I am forever humbly grateful for their honesty, integrity, and diligence.”

  • “I do wish I would have retained earlier so as to avoid a lot of unnecessary stress.”

  • “Victoria Cruz-Garcia has been the best throughout both of my cases.”

  • “Rob Sparks is a great attorney, and even better person. Paula Bland is as good as it gets.”

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