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Wisconsin Family Law Insider
All about navigating Family Law in Wisconsin — your resource for practical answers on divorce, child custody, property division, and other family legal matters. Join Managing Partner Holly Mullin as she sits down with our experienced attorneys to tackle the questions Wisconsin residents ask most.
Our podcast cuts through legal complexity to deliver straightforward guidance on Wisconsin's unique family law landscape. Whether you're facing a family legal challenge now or planning for the future, we provide insights that matter.
Sterling Lawyers believes everyone deserves clear understanding of their legal rights and options. Subscribe to "Wisconsin Family Law Insider" for reliable information from attorneys who are dedicated to helping Wisconsin families through difficult transitions.
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Wisconsin Family Law Insider
Wisconsin Divorce: What Debts Are You Responsible For (The Answer Will Shock You) - #49
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Your spouse racked up thousands in credit card debt—or you're fighting to keep your house and that 3% mortgage rate. You assume the spending spouse takes the debt, right? Wrong. Wisconsin's community property law says you're equally responsible for everything from the marriage, regardless of whose name is on it. Sterling Law Offices Managing Partner Holly Mullin and Senior Partner Jeff Morrell explain why creditors don't care who signed what and how debt division actually works.
In this episode, you'll learn about:
- Equal division presumption for all marital debt, regardless of whose name appears on accounts
- Community property rules making both spouses liable even when only one signed the loan
- Marital waste exceptions requiring proof of gambling, affairs, or non-marital spending
- Refinancing realities, including doubled interest rates, underwriting requirements, and closing costs
- Unofficial exceptions for student loans, premarital debt, and illusory family loans without payments
Listen in to find out how to structure your Wisconsin divorce settlement to achieve a clean financial break—protecting your credit, avoiding joint liability, and starting your next chapter debt-free instead of legally tied to your ex-spouse for years after divorce.