Some might know what this document means and some know my story, as a quick intro I will say that this documents stablishes what stays with who and the reason of the divorce. <img src="/ubbt/images/graemlins/frown.gif" alt="" />

I have made everything easy for him since the day we met, just because I knew he had not had many things that many of us consider as everyday. We had sex the first day we met, I moved in with him as soon as I arrived to this state,I gave him legal status in the US, I raised his son for 3 years 8 months, I eased his relationship with first Ex-wife, I supported him while trying to find his way in the Production and TV world, I gave in in all the things he wanted, I nurtured him when he felt down and out when things were hard for him, I spent all my money on us, then I helped him help his family by not asking him for a since cent and spending all my money on me and on things for the house. <img src="/ubbt/images/graemlins/crazy.gif" alt="" />

So now he has created this document that will make the process quicker and less painfull for me, don't mind him, he's already moved on. <img src="/ubbt/images/graemlins/teary.gif" alt="" />

If I sign it, it will be for my wellbeing. But my mom screams at me telling me to make his life misserable, make it hard on him for the first time. But there are no assets, there are more debts than money. So, If we go to court just because I wanted to make things harder on him and to make a SENTIMENTAL POINT to the judge as to why I don't want this divorce, I might end up paying a percentage of his debts and by the time that ends I might be more in the whole than in recovery. <img src="/ubbt/images/graemlins/mad.gif" alt="" />

SIGN OR NOT TO SIGN???

Doesn't sound like you have talked to a lawyer about this.
Talk to one. Don't be a martyr, it won't win you any points.
It will just lose you money.

FACT: A separation agreement is a legal paper. It may be filed in your county courthouse. Its main purpose is to have both parties make a temporary agreement as to financial responsibility. It tells what the assets (yours AND his) are, and what the debts (yours AND his) are. Sometimes it spells out custody issues too.

[color:"blue"] you said: [/color]
Then a properly worded separation agreement will say who is responsible for paying those debts. It can even break down each specific debt (for example, credit card, car loan, or mortgage, etc.) and who is responsible for paying each one in a timely manner. This could serve to PROTECT you, so be open to sign it if it's favorable for you.

Also, there may be a statement in there to the effect of "both parties agree it is not by reason of reckless disregard of marital obligations". The separation agreement my H originally gave me had that sentence in it, and my lawyer had it removed because I didn't agree with it (he had an affair).

You can't make an emotional decision with this. It's more like a business decision, and affects your future no matter how emotional (sentimental) you may be. You need to consult a lawyer, and then have him/her look over anything before you sign it. But remember, signing is NOT necessarily a bad thing - it can protect you in a big way.