But practice shows that the court may lean towards one of the spouses depending on the evidence base:
If, during a divorce, the husband wants to divide his own loan, he must prove that he spent the money on family needs.
The wife, on the contrary, must prepare evidence that the husband spent the funds for personal purposes or that she was not aware of the loan at all.
If neither party has been able to provide compelling evidence, the court's decision is difficult to predict. If the local court has ruled to split the loan and one of the spouses is against it, he or she can appeal the decision to the Supreme Court.
We will tell you how liability issues are usually resolved for various lebanon mobile database credit products - mortgages, car loans, consumer loans and credit cards.
Mortgage
A mortgage is a secured loan under which the property being purchased becomes the subject of collateral. It does not matter who it is registered to or when — before or after the marriage. If the borrower (or borrowers) stop making payments, the collateral property is sold to the creditor.
Car loan
A car loan also involves registering the purchased car as collateral. In case of non-payment, the lender sells the car and the funds are used to pay off the debt.
Consumer credit
A standard consumer loan does not require collateral, and therefore jointly acquired property may be seized. In court, the spouse can prove that the borrower spent the loan funds on personal needs. In this way, jointly acquired property can be saved.
Credit card
Credit card spending is easier to track if no cash was withdrawn from it. If the money was spent on groceries, gasoline, car repairs, household appliances - all of these are family needs. In this case, it is permissible to seize joint property to pay the creditor.
In court, it can be proven that the credit card expenses were used for family needs only partially. Then it is possible to compensate only part of the debt with joint property. The borrower will have to pay off the rest of the debt independently.