Debt is treated the same as property under Texas law. This means, like property, the debt can be either separate property or community property for divorce purposes. Community property refers to assets that a married couple obtains during a marriage, and if the...
In divorce, a lot of assets and property must be divided between the divorcing parties. This must be done according to Texas divorce law, which can be a bit complicated when it comes to property division at divorce. It gets complicated when determining exactly what...
Texas is a community property state. All property acquired during the marriage is the property of both spouses. When a divorce occurs, the court must divide the couple’s community property equitably based on several factors. One of the most contested...
