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When a married couple decides to separate, the division of assets and debts often becomes just as challenging as emotional issues. Divorce in Arizona does not just involve dividing homes, vehicles, or a retirement account, but also requires courts to determine how to divide credit cards, mortgages, medical bills, student loans, and other obligations.
Arizona is a community property state, which means assets and debts acquired during the marriage are considered community property in Arizona and subject to division during a divorce. While this sounds straightforward, the debt division process can be far from simple. Courts must look at Arizona law, the timing of debts incurred, and whether the debt benefitted both spouses or was tied to separate property.
At the Law Offices of Daniel Hutto, we know that dividing assets and debts during a divorce can feel overwhelming and have a serious impact on your financial future. Our team is committed to guiding you through the divorce process, helping you understand community property rules, and ensuring that the division of debt is handled fairly under Arizona law.
The Law Office of Daniel Hutto
Arizona Family Laws Attorneys
(602) 833 0986
azcriminalandfamilylaw.com
Address: 2201 E Camelback Rd Suite 120 Phoenix, AZ 85016