Concept information
Preferred term
debt division
Definition
- During the process of divorce, parties must negotiate not only the divorce but also the settlement of issues such as child custody, spousal support, the division of assets, and the division of debt. In an ideal situation, divorcing parties decide on the division of property and debt themselves or use a third-party mediator. [Source: Cultural Sociology of Divorce: An Encyclopedia; Debt Division]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/debt_division
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