What happens to our property and debt if we get divorced?
The easiest way to deal with property division during a divorce is to decide how to divide the property up amongst yourselves. However, because most divorcing couples aren't able to amicably decide how to deal with divorce property division issues, however, the matter usually ends up in court. For basics on property division, download FindLaw's Guide to Property Division in Divorce [pdf].
There are two general ways to handle divorce property division.
Note that when courts divide property, that does not necessarily mean the property is literally, physically split. A court will usually add up the total value of the marital estate and grant each spouse a percentage.
What's the difference between community and non-community property?
This varies from state to state, but here are the basics:
Who gets the house?
It depends on the circumstances. For instance, if you have children, then the parent who does the majority of the child-raising generally keeps the marital home. If one partner purchased the house with separate funds and there are no children, then they can keep it and legally require the other partner to vacate.
If there are no children involved, then courts vary considerably on how they distribute the marital home. Neither party typically has a legal right to ask the other to leave, but one partner can always request it. If you and your spouse cannot agree, the court will decide based on the rules in its state and which kind of property system your state has.
Because spouses typically don't have the right to prevent the other from living in the home, it may be illegal for them to lock you out, and you can call the police. The obvious exception to this is in cases of domestic violence. If this is the case, immediately seek a restraining order and contact a domestic violence hotline.
Sometimes relationships can become very toxic, so be careful not to allege domestic violence out of spite just to get the other partner out of the house. If the judge believes you have done this, then you can seriously jeopardize your rights to marital property, including the house.
Learn More About Divorce Property Division by Talking to an Attorney
Given the circumstances, spouses don't always handle divorces in a civil manner after a breakup which is why they often require a judge to help divide up marital assets like homes or cars. If you're getting divorced and need help with dividing your property, whether in or out of court, you may want to consult with a skilled divorce lawyer to advocate on your behalf.