Three key points you need to know about division of debt in a divorce in Texas.
PROPERTY DIVISION
5 Ways to Handle Marital Debts in Texas
Texas is a community property state, which means marital property is divided 50/50. Does the same go for marital debts?
What happens to your home in a divorce?
One of the most important assets that will have to be divided in most households is the family home. Here are 3 ways to handle your home in a divorce.
How will our property be split?
Assuming there is no prenuptial agreement, marital property in Texas is usually divided 50/50. However, the judge has some discretion when dividing community property and can give the parties a disproportionate share.
LAW TOPICS
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