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Property and debt

Here are some answers to common questions regarding property and debt distribution you may be concerned about. 
If you have questions or concerns regarding your particular situation we would be glad to speak with you @ (253) 512-1140.

Q: How will the court divide my property & debts?

A:  1. Generally, a judge will look at your property and debts and will try to divide
         them fairly. This does not mean they will necessarily be divided fifty-fifty. 

     2. The general rule is all property and debt that either of you acquired during
         the marriage should be divided fairly between you. This property and debt is
         called “community property” and “community debt”. 

     3. All property and debt that you acquired prior to the marriage and after you
        separated is normally yours to keep. This property and debt is called
        “separate property” and "separate debt”. Again, these are general rules and
        there are exceptions. 

     4. The court considers several factors in attempting to make the 
         division of your property and debt fair: 

        (a) the nature and extent of the community property; 

        (b) the nature and extent of the separate property; 

        (c) the duration of the marriage;

        (d) each party’s economic circumstances, including whether the party with
             custody of the children should remain in the family home; and 

        (e) any other relevant factors. 

     5. Absent an agreement with your spouse as to how your property and debt
        will be divided, what you want to do is offer the judge a reasonable solution
        that looks fair and allows you to keep the property you really want.

This web site is for informational purposes only 
and is not intended to replace the services of a qualified attorney.