Core Insights - The article discusses a case where an individual, Rachel, seeks financial advice after ending a five-year relationship that left her with multiple joint debts [1][3]. Financial Situation - Rachel has five shared financial obligations, including a house valued at approximately $130,000 with about $90,000 remaining on the mortgage, two vehicles with outstanding loans of around $30,000 and a similar balance for a car valued at $20,000, and personal loans totaling about $8,000 [4][5][6]. - Both parties are legally responsible for the debts, as they are tied to shared assets and loans [6]. Income and Living Changes - Rachel's income has recently shifted from an annual range of $60,000 to $65,000 to an expected increase of $80,000 to $85,000 [7]. - Following the breakup, Rachel moved out of the shared house to allow her former partner and his children to remain there, and both parties have discussed addressing their debts in the future [7].