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How to Write a Divorce Agreement When a Couple Divorces and Has Debts

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How to Write a Divorce Agreement When a Couple Divorces and Has Debts


        

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  • 2024-06-22 11:01:44

    Divorce Agreement
    Male party: male, ethnic group, born on MM/DD/YYYY, resident, ID card number:
    Female: female, ethnic, born on MM/DD/YYYY, resident, ID card number:
    The man and the woman knew each other on, and registered for marriage on, and gave birth to a son and daughter on. As a result of the breakdown of the couple's feelings, there is no possibility of reconciliation. Now, through voluntary consultation, both the husband and the wife have reached an agreement and concluded a divorce agreement as follows:
    1、 Both men and women divorce voluntarily.
    2、 Child support, alimony and visitation rights:
    The son and daughter shall be raised by the woman and live with the woman. The man shall be fully responsible for the alimony (including foster care fees, education fees and medical fees). The man shall pay a lump sum of yuan to the woman as the daughter's alimony before (the man shall pay a monthly alimony of yuan, and the man shall pay the daughter's alimony to the woman or the designated bank account before 1-5 days of each month).
    The man can visit the children raised by the woman at any time without affecting their study and life. (The man can visit his daughter once a week or take her out to play on the rest day, but he should notify the woman in advance, and the woman should ensure that the man will visit her no less than one day a week.)
    3、 Disposal of joint property of husband and wife:
    (1) Deposit: The existing bank deposit under the names of both parties is yuan, half of which is yuan. Distribution method: The deposits under their respective names remain unchanged, but the men and women shall pay the men of the women a lump sum of yuan to the men of the women before MM/DD/YYYY.
    (2) House: The ownership of the real estate located in the joint ownership of the husband and wife belongs to the woman. The formalities for the change of the name of the owner of the real estate ownership certificate shall be handled within one month after the divorce. The man must assist the woman in handling all the formalities for the change. The transfer fee shall be borne by the woman. The female party shall compensate the male party for the house price difference of yuan in a lump sum before MM/DD/YYYY.
    (3) Other property: Before marriage, the property of both parties shall belong to their own, and the personal articles and jewelry of both men and women shall belong to their own (attached list).
    4、 Treatment of debt:
    As the debt is personal debt, the debtor bears it alone. (The debts borrowed by Party from Party on MM/DD/YYYY shall be borne by Party itself)
    5、 One party's responsibility for concealing or transferring the joint property of the husband and wife:
    Both parties confirm that the joint property of husband and wife has been clearly listed in Article 3 above. Except for the above houses, furniture, household appliances and bank deposits, there is no other property. Either party shall guarantee the authenticity of all the joint property listed above during marriage.
    The property division of this agreement is based on the above listed property. Neither party shall conceal, falsely report or transfer marital common property or premarital property. If either party conceals or falsely reports any property other than those listed above, or transfers or withdraws any property within two years prior to the signing of this Agreement, the other party shall have the right to obtain all shares of the property concealed, falsely reported or transferred by the other party upon discovery, and investigate its legal liability for concealing, falsely reporting or transferring the property, and the party who falsely reports, transfers or conceals has no right to partition the property.
    6、 Economic assistance and moral compensation:
    Due to the difficulties of the woman's life, the man agreed to pay the woman a lump sum of compensation for economic assistance. In view of the reason why the man asked for divorce, the man should compensate the woman for mental damage in a lump sum of yuan. All the payments payable by the male party mentioned above shall be paid before MM/DD/YYYY.
    7、 Agreement on liability for breach of contract:
    If either party fails to perform the payment obligation within the time limit agreed in this Agreement, it shall pay RMB to the other party (as liquidated damages).
    8、 Agreement on the effective time of the agreement:
    This agreement is made in triplicate, and shall come into force from the date of issuance of the Divorce Certificate by the marriage registration authority. Each party shall hold one copy, and the marriage registration authority shall keep one copy.
    9、 If any dispute arises during the implementation of this agreement after it comes into effect, both parties shall settle it through consultation. If the consultation fails, either party may bring a lawsuit to the people's court.
    Signature of the woman:
    specific date

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