In this Learn About Law video, Kevin OFlaherty explains the division of debt in Illinois divorces, including “types of debt in Illinois divorce”, “what impacts how debt is divided in Illinois divorce?” and “the process of dividing debt in Illinois divorce”. Most couples think about the division of assets and property, but may forget about the division of debt in a divorce, which is an important financial aspect of divorce. #Divorce #IllinoisDivorce
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O'Flaherty Law has convenient offices located in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense.