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Home / Opinion Digests / Family Law / Husband remains liable for marital debt despite refinancing (access required)

Husband remains liable for marital debt despite refinancing (access required)

Where the parties’ property settlement made husband liable for all marital debts, his subsequent loan default and post-marriage refinancing by both husband and wife did not make wife responsible for half of the new loan. Overview During the parties’ marriage, both of them signed for a loan from Farm Credit, using wife’s separately owned real property as ...