I am doing the sheet and how do I put debt. During ten years marriage most debt in credit cards in my cards, some on his and some joint. For example my cards 40000, his 20000 and joint 10000. We took loan for 30000 from his brother and 60000 from my father to invest in business.
1) do I total all debts and split half half
2) do I state each debt separately in each name
3) do I put full value of joint debt in each name or split in half
If I do each debt in each name then I have negative value at end. Ex has about 30000 assets. It says my negative value is . Zero therefore we each get 15000 at the end.
If I put all debt as joint then we both have negative values? How does that work
I'm confused how to put values. Help please
1) do I total all debts and split half half
2) do I state each debt separately in each name
3) do I put full value of joint debt in each name or split in half
If I do each debt in each name then I have negative value at end. Ex has about 30000 assets. It says my negative value is . Zero therefore we each get 15000 at the end.
If I put all debt as joint then we both have negative values? How does that work
I'm confused how to put values. Help please
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