Notice Regrading Community Debts | Pdf Fpdf Doc Docx | Arizona

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Notice Regrading Community Debts | Pdf Fpdf Doc Docx | Arizona

Last updated: 5/23/2012

Notice Regrading Community Debts

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Description

Case Number: NOTICE REGARDING COMMUNITY DEBTS (ARS 25-318) In your property settlement agreement or decree of dissolution or legal separation, the court may assign responsibility for certain community debts to one spouse or the other. Please be aware that a court order that does this is binding on the spouses only and does not necessarily relieve either of you from your responsibility for these community debts. These debts are matters of contract between both of you and your creditors (such as banks, credit unions, credit card issuers, finance companies, utility companies, medical providers and retailers). Since your creditors are not parties to this court case, they are not bound by court orders or any agreements you and your spouse reach in this case. On request, the court may impose a lien against the separate property of a spouse to secure payment of debts that the court orders that spouse to pay. You may want to contact your creditors to discuss your debts as well as the possible effects of your court case on your debts. To assist you in identifying your creditors, you may obtain a copy of your spouse's credit report by making a written request to the court for an order requiring a credit reporting agency to release the report to you. Within thirty days after receipt of a request from a spouse who is a party to a dissolution of marriage or legal separation action, which includes the court and case number of the action, creditors are required by law to provide information as to the balance and account status of any debts for which the requesting spouse may be liable to the creditor. You may wish to use the following form, or one that is similar, to contact your creditors: Page 1 of 2 Revised November 2008 Coconino County Law Library and Self-Help Center Forms American LegalNet, Inc. www.FormsWorkFlow.com CREDITOR NOTIFICATION Date: Creditor's Name: Street Address: City, State, Zip: To whom it may concern: I am a party to Case Number DO County Superior Court. in the Coconino Within thirty days after receipt of this notice, you are requested to provide the balance and account status of any debt identified by account number for which the requesting party may be liable to you. Your Name: Street Address: City, State, Zip: Sincerely, Your Signature Page 2 of 2 Revised November 2008 Coconino County Law Library and Self-Help Center Forms American LegalNet, Inc. www.FormsWorkFlow.com

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