Coral Springs, FL asked in Divorce for Florida

Q: How do you calculate the value of debit in a divorce case

We have some debt at 21% interest and some at 3% if both were the same loans have the same payoff value at the time of the divorce settlement would the party taking on the higher interest debit see any consideration for the higher interest rate ?

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1 Lawyer Answer
  • Clearwater, FL
  • Licenced in Florida

A: Whatever the debt is at the time of the judgment is the amount the court will use. You will not get any "consideration"

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