Posts Tagged ‘Community Property’

Is Divorce Always Financially Fair to Both Spouses?

When you are going through a divorce and trying to decide who gets what, this is where some of the biggest issues come into play. Dividing assets is a complicated process that goes smoothly when you and your ex-spouse can work together. Judges will urge you to work together because, until a final order is… Continue reading →

How do You Divide Property and Debt During a Divorce?

How do you determine how property and debt is divided during and after your divorce has been finalized? What happens in regards to your marital home? Unfortunately, it is not easy to see the answers to these seemingly simple questions when you first enter into the divorce process. This is why it is always a… Continue reading →

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Filing for Bankruptcy and Divorce: Which Comes First?

Let’s say that you are in a position where you are ready to file for divorce and the other spouse is not paying for your mortgage, so you are left to settle matters on your own. You may wonder if you should file bankruptcy first or if divorce is the best option. To put things… Continue reading →

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Preliminary Financial Disclosures

Preliminary financial disclosure is a mandatory part of getting a divorce. It is important that, when disclosing your debts and assets, you are as honest and transparent as possible. If you or your spouse are found to have purposely omitted any pertinent information, the consequences will affect both parties. When accounting for all your assets,… Continue reading →

Do I Need a Prenuptial Agreement?

If you can’t decide whether or not to make a prenuptial agreement, you first need to determine what it can and can’t do for you. A prenuptial agreement is a legal document executed by a couple before they are married that details how their assets and liabilities will be divided in the event of a… Continue reading →

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Do I Owe my Spouse’s Debt?

What happens when the marriage you entered into with such high hopes is headed for divorce court? Money has become a big point of contention, even in intact marriages, but has also become the leading cause of divorce – bills are continually rising and it costs a lot of money to raise children. Whether you… Continue reading →

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How to Protect Myself?

When a couple says, “I do”, they think about a long future together – not divorce. Divorce is probably one of the most stressful and painful things that an individual could go through in his or her lifetime. It can be a relatively easy process where both spouses desire an amicable party, or it can… Continue reading →

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Divorce and Property Division

You and your spouse finally agree that divorce is the best option for the two of you.  Now, you have to come to an agreement on dividing the property you have accumulated throughout the years.  You wonder, “Can I stay in the house?” If you are considering asking for the house, think about whether you… Continue reading →

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Legal Separation

In many cases when a marriage is not working, the couple decides to get a legal separation and wait to file for divorce.  Sometimes they can work out their problems and get back together.  A legal separation does not terminate the marital status; however, the parties remain married in name only. When a marriage is… Continue reading →

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