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Separating The Debt Or Property In Your Divorce

In divorce, a judge's Final Order divides community property, like real estate and debt accumulated during marriage. Separate property, acquired before marriage or through gifts, remains individual. The judge may approve equal division but not necessarily. If spouses agree, it's formalized in the Final Judgment of Divorce. Personal belongings are typically not included in the decree if already divided. Legal advice is advisable for specific cases.
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Separating The Debt Or Property In Your Divorce - MarketGuest
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Separating The Debt Or Property In Your Divorce - MarketGuest

In a divorce, debt and community property are split. Debt and separate property are not split. Upon the conclusion of your divorce proceedings, a judge will sign a Final Order....