Who is Liable for Medical Bills During a Divorce? - Divorce Help
Getting a divorce is usually the last thing that most people think will happen to them. The financial, emotional, and sometimes physical effects of the dissolution of a marriage can cause lasting trauma. In addition to trauma, it can also cause financial stresses as well when it comes to separating financial responsibilities. This can include medical bills that may arise in the midst of the divorce. According to a West Palm Beach personal injury attorney, an unexpected injury “…creates an immense financial burden.”
Whether brought on by an unexpected accident or a surprise illness, medical bills can be life-altering for all parties involved. Learn more about which party is responsible for medical bills during a divorce here.
What Medical Debts are Marital Debts?
You’ve agreed to the divorce but before it’s been finalized, you or your partner has been seriously injured. While some of the bills may be your responsibility but there are some that may be considered a shared marital debt. This debt that is accrued typically falls on both parties to be paid back. If the medical debt is acquired while the couple is still legally married, it will fall on both parties to repay this debt, especially if it is on a shared credit account.
What are Equitable Distribution Factors?
Defined as a legal theory, equitable distribution is when marital property and debt it distributed evenly during a divorce proceeding. The factors that help decide how equitable distribution is divided is:
- The financial condition and earning power of each party
- The value of each party’s separate property
- The degree to which spouse contributed to the acquisition of the marriage property
- Future financial liabilities of each spouse
- Spousal maintenance and alimony
When Should I Hire a Divorce Attorney?
Divorce can be a very complicated process and unfortunately, it can cause a rush of emotions that can seriously impact one’s decision making. Hiring an experienced attorney can help make important decisions regarding marital finances and property. If you’re in the early stages of the divorce process, contact a divorce attorney today.