Property Division Attorney in New York, New York

My soon-to-be ex is running up debt. What can I do about this?

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when a spouse runs up debt
be on the
beginnings of a divorce action the
question is is whether or not that debt
is the result of a lack of earnings and
it’s being used to keep the status quo
that was going on during the marriage
or if the spouse is doing that to
disadvantage the other spouse the person
who is facing such a circumstance
should consult with their attorney
who would at that point
contact the lawyer of the spouse who’s
running up the debt
to tell them to stop running up the debt
because when you start a divorce action
and if there hadn’t been a divorce
action already started it’s important to
start one because what goes into play is
what we call automatic orders
automatic orders essentially require
both parties to keep the status quo
until either further order of the court
or until they can agree amongst
themselves
how the issues of the marriage
are going to be resolved what issues am
i talking about
acquiring debt
paying bills maintaining the marital
home
paying college tuition making payments
for taxes
keeping the business running in the same
level and rate it was before the parties
have decided to divorce
keeping the insurance policies in force
including health insurance in fact the
only thing that you can do outside of
the automatic orders is to change your
will
or to pay reasonable legal fees
everything else must pay must remain the
same
so if there is a violation of the
automatic orders
and the spouse running up the debt is
not stopping their efforts and running
up the debt
you would then want to bring a motion
for a contempt with the court
in order to stop that spouse
from incurring additional debt and also
potentially a finding that that debt
becomes the sole responsibility of the
party running up the debt

NY family law attorney Ken Jewell explains what you should do if your soon-to-be ex is running up debt. He explains that when a spouse begins accumulating debt at the onset of a divorce, the key question is whether that debt is a result of maintaining the marital status quo or an attempt to disadvantage the other spouse. In such situations, the spouse affected should consult with their attorney, who can then contact the other spouse’s lawyer to demand that the debt accumulation stop.

Once a divorce action is initiated, automatic orders come into effect. These orders require both parties to maintain the status quo until the court issues further directives or the parties reach an agreement on resolving marital issues. These issues include acquiring debt, paying bills, maintaining the marital home, covering college tuition, paying taxes, keeping the family business running at the same level, and maintaining insurance policies, including health insurance. The only exceptions to the automatic orders are changing a will or paying reasonable legal fees; otherwise, all other financial activity must remain consistent.

If a spouse continues to run up debt in violation of these automatic orders, a motion for contempt can be filed with the court. This motion seeks to stop further debt accumulation and may result in a court order holding the offending spouse solely responsible for the debt incurred.

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