The recent financial crises have left many families and couples in financial circumstances that they would have thought unimaginable 10 years ago. With millions of California families having experienced the ravages of problematic mortgages, business failures, and income losses, the allocation of community debt is often as much of a concern as the division of community assets in divorces and partnership dissolutions.
Like community assets, community debt is also subject to equal division under the law. Since California is a “no-fault” state, the law does not divide assets and debts based on responsibility for a relational breakdown. There may be some circumstances in which the court would divide debt unequally, and we are able to guide you through that process. Having the help of a Roseville property division lawyer who understands how community debt is evaluated and divided is essential.
If you are going through or anticipating a divorce, and you are concerned about what will happen with your assets and debts, our attorneys can help.
We are often effective when it comes to reaching favorable outcomes for our clients with regard to:
The Roseville property division attorneys at Cianci Law, PC can answer your questions about assets and debts in divorce. Contact us online or call (916) 797-1575 to schedule a reduced-fee consultation.
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