Tag Archives: community debt
Why Choose Legal Separation Instead of Divorce?
Divorce is not the only option for married couples with irreconcilable differences. Another choice is legal separation, which allows for spouses to live apart under a court decree that governs their financial and parenting obligations. However, the spouses remain legally married in all other respects. There are varied reasons why some couples find this a […]
How Community Property Law Can Make One Spouse Liable for the Other’s Debts
When people talk about divorce, they usually understand that each former spouse is likely to walk away from the marriage with a share of the assets, whether it’s half or some other percentage. But what may not be discussed as much is the fact that the couple’s debts also go through the division process, so […]