Tag: Debt
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Community Property FAQ: Answers to Common Community Property Questions
If you’re like many people, you know California is a community property state – but what does that mean when you’re getting a divorce? Here’s what you need to know. Community Property FAQ: Answers to Common Community Property Questions Here you’ll find answers to our most common questions about community property questions, which might help…
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Prenups in California: What You Need to Know
If you’re getting a divorce in Stockton and you’ve signed a prenuptial agreement – commonly just called a prenup – here’s what you need to know. What is a Prenup in California? A prenup is a legal document that can help one party’s assets in a divorce. The Uniform Prenuptial Agreement Act covers prenups under…
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What is Summary Dissolution in California?
If you’re like most people contemplating a split from your spouse, you think a regular divorce is the way to go – but instead, a summary dissolution might be right for you. What is Summary Dissolution? Summary dissolution is one way to end your marriage or domestic partnership. It’s not for everyone, but for some…
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How is Credit Card Debt Split in Divorce in California?
When you get a divorce in Stockton, you and your spouse will have to divide your property – and property includes both assets and debts. California is a community property state, so usually, the division of credit card debt is pretty clear-cut. Here’s what you need to know. Related: Community property basics in California What…
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Are Assets Always Split 50-50 in a Divorce in California?
California is a community property state, which means everything you and your spouse earned or purchased while you were in the marriage belongs to both of you equally. But it doesn’t mean that you have to divide everything 50-50. Splitting Assets in Your Divorce: Are They Always Split 50-50? During your divorce, everything that you…
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How Do Courts Divide Debt in a Divorce?
When you’re getting a divorce in the state of California, you need to know that we live in what’s called a community property state. What that means is that the property you own – for the most part – belongs to both parties in your marriage. The same is true for debt; you both own…
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Divorce and Property Settlement: 5 Tips to Negotiate With Your Spouse
When you go through a divorce in California, you’ll have to go through several steps — and one of them is creating a divorce property settlement. Here’s how to negotiate during divorce so you can reach a fair, reasonable outcome. How to Negotiate During Divorce If you’re like most people, you have no idea how…
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