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Maryland Case Law

Divorce Process

Equitable Distribution

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Debts

Maryland

Freedenburg v. Freedenburg, 123 Md. App. 729, 720 A.2d 948 (1998). A loan borrowed from a life insurance policy owned by the husband's solely owned professional company was not a marital debt since the loan was akin to an advance payment; but money borrowed against a son's life insurance policies was a marital debt since the money had to be repaid.

To learn more about debts in divorce, consult our explanation here.

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