If debts are acquired during marriage they are considered to be community debts and each party if obligated to pay for the debt. In most instances, the debt will follow the award of an asset such that if a house is awarded to one party, that party will be required to pay the debt on the house. The same is true with automobiles. Credit cards are usually equally divided in half by allocating the cards as evenly as possible to the parties.
Who is required to pay the debts of the parties?
By Law Offices of Hollie A. Lemkin, APC|2020-04-10T16:58:50+00:00April 10th, 2020|