The Debt Divide

Bond and stock traders are showing different levels of anxiety about the US government's ability to keep itself funded.

The division of debts can create a problem when a spouse has been ordered to make payments on a debt that’s not in their name or one that’s held jointly. Let’s say your ex is responsible for making payments on a credit card that’s in your name.

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Types of Debt Divided in Divorce. There are two types of debt: Secured Debt. When dividing secured debt, the division is offset by the value of the asset securing the debt. Secured debt gives the lienholder or lender a right to repossess the property in the event of your default on the loan.

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Taking out student loans to pay for college is now the "new normal," but how does the shift to a debt-based system impact the nation’s historical commitment of ensuring everyone, regardless of race or class, afford college? This question is the centerpiece of a new report from Demos. The Debt Divide

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Before any morris county divorce can be granted, you and your spouse will first need to decide how you are going to divide the various marital assets and debts .

There are three basic categories of debt that may come up in a divorce. Each has its own pitfalls and must be handled properly to ensure you won’t be left responsible for bills that could last for years after your divorce. Using the account statements, divide your debts into secured, unsecured, and tax-related.

The Debt Divide The racial and class bias behind the ‘new normal’ of student borrowing today, TAKING OUT LOANS is the primary way individuals pay for college-a major shift in how our nation provides access to higher education.

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The Debt Divide The racial and class bias behind the ‘new normal’ of student borrowing TODAY, TAKING OUT LOANS is the primary way individuals pay for college-a major shift in how our nation provides access to higher education.