Division of Assets and Debts in Hemet, CA

Row of green plastic housesHemet, California is a beautiful city to get married, build a home, and start a family. Sharing assets, such as a home and vehicle, can be beneficial for financial reasons while you and your spouse are together. But, if the relationship becomes treacherous and a divorce is in order, then sharing assets is no longer a viable option.

A big aspect of the process of divorce is splitting assets and debts. In California, there is the “no-fault” law that affects the way assets are divided in a divorce: regardless of who is a fault for, or decided to get, the divorce, the courts will try to equally divide the assets and debts between each party.

This process is a fair one, but only if the judge on the divorce case has all the correct information. Family court relies on each party to supply the value of all assets and debts, such as the house and mortgage, all the furniture, and retirement plans. If the correct value isn’t given, the case can result in a grossly unfair division.

That’s where a family law and divorce attorney can help. An experienced lawyer can assist in organizing and gathering all the correct and necessary information in order to ensure the division of assets and debts in fair and works in your best interest. Julie Clark has practiced family law in Hemet for more than two decades and is familiar with the laws associated with division of property, the court system, and has helped people with cases in each and every courtroom.

If you’re concerned about dividing assets and debts among you and your spouse during a divorce in Hemet, don’t hesitate to contact us. We will answer your questions and work with you through any issues that might arise.

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