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property division Archives

How to handle a car loan in a divorce

As part of a divorce settlement, a person may be ordered to pay some or all marital debts. This may mean that a Georgia resident is required to make car loan payments even if his or her name isn't on the account. However, if a person's name is not on the account, there is no need to make payments absent a court order.

How property is divided in a Georgia divorce

When a Georgia couple gets a divorce, one of the decisions that must be made is how property will be divided. The first step is deciding what is marital property and what is separate property that belongs to individuals. Marital property will tend to be assets that are acquired during the marriage such as income, real estate, some insurance policies, stocks and bonds, and vehicles. Separate property may include assets that each person brought into the marriage, inheritances, gifts and any items that the two people divorcing agree count as separate property.

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At Hecht Family Law we understand that this is not only a very trying time for you, but that you want to get what you feel you deserve during the divorce process. We will always keep your end goal in mind.

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