How is community property divided in California?
Unless there is a written agreement (or an oral agreement made in court) between the spouses, the court will usually make an equal division of all community property assets and debts. An equal division need not give exactly the same property to each spouse. For example, the court can give a couch worth $500.00 to one spouse but balance it out by ordering that spouse to pay a $500.00 credit card bill. The court can also order the division of the proceeds as gained from the the sale of property sold and money received from the sale divided. 12. I attended college throughout the course of my two-year marriage. I have accumulated significant student loans during this period of time. Will the court order my spouse be required to pay back my student loans? Loans for one spouse’s education and training will usually be considered the separate obligation of the spouse who benefited from the education. This is particularly true in marriages of short duration. There are exceptions to this practic