Property Division | Assets and Debts

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Assets and debts that are accumulated during the marriage are considering marital and divided.  The first step in analysis is what assets and debts were acquired during the marriage.  Premarital assets and debts typically go to the person that had them before the marriage.  The court doesn’t require all the assets sold and the proceeds divided.  Rather, if there is a dispute over value, the assets are appraised by an expert.  Then the court looks at who wants the asset and attempt to balance the values against each other to make them equal.  This includes a deduction for debts assumed.  For example a car worth 6,000 dollars with 6,000 in debt will be a zero.  A good divorce attorney from Krupp Law Offices can help you through the process of dividing your assets and debts.

GRAND RAPIDS DIVORCE ATTORNEYS

If you are facing a divorce, a good divorce attorney is not optional, it is a requirement! Our divorce attorneys can answer your questions with straight talk. Having the right divorce attorney on your side can relieve your stress during this difficult situation. Our Attorneys have over 85 years of divorce experience.Our attorneys have extensive divorce trial experience including property settlements, spousal support, alimony, child custody, and other serious divorce related issues. Typical fees to retain attorney for a divorce case can range and from 1,500 dollars to as high as 5000 dollars. Considering the seriousness of this life changing event, it is extremely important to retain the services of an experienced attorney in the area of divorce.

When you need a Grand Rapids Divorce Attorney, remember to call Krupp Law Offices PC for fast honest advice about your legal problems. Krupp Law Offices P.C. represents clients in cases throughout West Michigan, including the cities of Grand Rapids, Big Rapids, Ionia, Grand Haven, Stanton, Greenville, Wayland, Allegan, Holland, Newaygo, White Cloud, Fremont, Coopersville, Hastings, Middleville, Wyoming, and Rockford including Kent County, Ottawa County, Newaygo County, Ionia County, Mecosta County, Barry County, Montcalm County, and Allegan County Michigan. 

Our office can help.

KRUPP LAW OFFICES P.C.

161 Ottawa NW Suite 404

Grand Rapids MI 49503

616-459-6636 or mail@krupplaw.com

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