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Untangling Finances: Managing Debt After a Common-Law Relationship Ends

In News by northernlawJune 25, 2024

When common-law couples separate, they may be surprised to discover there is no legislative formula for dividing or distributing their debt. Creditors are not obliged to release debtors after separation, so it is not uncommon for one spouse, perhaps the one with better credit, to bear the burden of the …

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