division of debts in california

Insight from a San Francisco Divorce Lawyer

In California, any joint debt must be divided equally between spouses. It is important to understand that California is a "community property" state. This means assets and debts must be categorized as either marital property (to be divided equally) or separate (remaining with the spouse that owns them). Before debts can be divided between a divorcing couple, the type of each debt must be determined.

This can be a complex process, which is why you are encouraged to retain counsel from a seasoned divorce attorney in San Francisco. Attorney Diana Romanovska has been studying law since 1998 and is deeply familiar with the laws that dictate debt and property division in California.

Allow her to walk you through this time and protect your interests. Call (415) 347-0584

Community vs. Separate Debt

Debt will fall under these two main categories. You may be wondering whether or not certain debts will have to be divided between you and your spouse or would be kept separate.

Here is a quick breakdown to better explain these two categories:

Another important step in this process is determining a date of separation, such as when a couple agreed to separate. Any debts incurred by either spouse after a couple is separated will generally fall under the category of separate.

Why Trust Your Divorce to Attorney Romanovska?

Selected to the Super Lawyers® Rising Stars℠ list and the recipient of the Outstanding Pro Bono Award For Family Law Cases by The Justice And Diversity Center, Attorney Romanovskais the advocate you want on your side. With years of experience under her belt, she understands complex and often confusing debt division matters.

Find out how Attorney Romanovska can assist you with the debt division process. Call (415) 347-0584 today to get started.