Form 1 - Request For Divorce (Complaint) Page 23
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33Debt
Notice: The Final Decree does not necessarily affect the ability of a creditor to proceed against a party
or a party's property, even though the party is not responsible under the terms of the decree for an
account, any debt associated with an account or any debt. It may be in a party's best interest to
cancel, close or freeze any jointly held accounts. T.C.A. §36-4-134.
What this means: This Order does not protect you against creditors. They may try to collect from
you, even if your spouse is supposed to pay the debt. It may be best to cancel, close, or freeze any
accounts you have together.
Plaintiff will pay all debts he or she has made since separating from the other spouse. He or she will
also pay for the following debts:
List all loans,
Name of Creditor
Name on the
including car notes,
Account Number
Amount still
(person or
credit card, cash
account
owed
(last four digits)
company you owe)
advance debts
1.
$
2.
$
3.
$
4.
$
If you need more lines, copy this page. Make sure it is included when you file this paper.
Are any of these debts listed above joint debts? It is a joint debt if both spouses signed a Note or legal
paper to pay the debt.
The Plaintiff will do his or her best to refinance or pay off these joint debts.
The Plaintiff has (choose one):
90 days
1 year from the date
180 days
the Court approves this Agreement to do so or otherwise take the other spouse's name off
of these joint debts.
What if the Plaintiff does not refinance or pay off the joint debts in that time?
Then the other spouse may take him or her back to Court.
The Court may order the Plaintiff's assets sold to pay off the joint debt(s).
Plaintiff: Initials________ Date Signed: ________________________
Defendant: Initials ______ Date Signed: ____________________
July 2017
(Form 5) Divorce Agreement
Page 5 of 9
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