Marital Debt
Marital debt is money owed that a Florida couple took on during the marriage, such as credit cards, car loans, or a mortgage, regardless of whose name is on the account. In a divorce, Florida courts divide marital debt as part of equitable distribution, meaning it is split fairly though not always exactly in half. Debts a spouse brought into the marriage or ran up after separation may be treated as that spouse's separate responsibility. How debt is allocated is often spelled out in a marital settlement agreement.
Last updated June 21, 2026
Legal Definition
Marital debt comprises liabilities incurred by either or both spouses during the marriage, which Florida treats as part of the marital estate subject to equitable distribution under F.S. §61.075.
Example
The judge assigned the joint credit card balance as marital debt to be divided between both spouses.
Related Statutes
- 61.075
Related Terms
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