Will a couple with a debt totaling to $5000 still qualify?
A summary dissolution is regarded as the “simpler” way to end a marriage but there are a lot of technicalities involved in a summary dissolution that couples need to know. Divorce laws outline the qualifications that determine whether a couple is eligible or ineligible for summary dissolution.
Regarding your concern about debt, the divorce laws in California specify that a couple with a shared debt under $6,000 can qualify for summary dissolution. But you have to take note of the specifics regarding this eligibility requirement. The $6,000 restriction includes credit card debt, unpaid medical bills, student loans, and more. Your divorce attorney from Kaspar & Lugay, LLP will be the one to help you assess your loans and determine whether you qualify or not.
Also remember that there are also other qualifications in a summary dissolution like the length of your marriage, which is an important factor to consider because a summary dissolution is possible only for short marriages or those that have been married for less than five years.
SantaBarbaraDivorceLawyer.com lists other qualifications for eligibility as well as things that make a couple ineligible to file a summary dissolution so visit their website to find out more.