Your final divorce agreement says your spouse is responsible for paying the credit card debt. What happens if he or she doesn’t? Even though there is a court order for your spouse to pay off certain debt, the account will remain in both of your names until there is a zero balance. A joint account… Continue reading →
Posts Tagged ‘divorce decree’
Dividing retirement accounts
California, being a community property state, calls for pension plans, 401k plans, IRAs, and other types of retirement accounts to be divided equally. Next to the family home, retirement plans are one of the biggest assets of the marriage. Retirement accounts are divided in one of two ways: 1. Qualified Domestic Relations Order 2. Divorce… Continue reading →
Divorce waiting period
Are you aware that there is a divorce waiting period when filing for divorce? This is to make sure that the couple is absolutely certain about ending their marriage. California law requires a six-month waiting period that begins the day of filing. After six months plus one day after the filing date, the divorce papers… Continue reading →
Amy Montes
Andrey Fong
Maricela Amezquita
Diane Williams