Division of Marital Property
How Can We Help You?
Arizona Divorce Attorneys
We are Arizona divorce attorneys who can help you with the division of your martial Property. Arizona is a community property state and as such any property that is acquired during the marriage either in Arizona or outside of Arizona, whether it is assets and/or liabilities should be subject to a division of marital property by what is normally called a property settlement agreement.
Debts are also included in any property settlement agreement and the parties should agree as to who is taking what property and who is assuming what debt.
Remember that third party creditors are not bound by the property settlement agreement!
In other words, even if husband takes credit cards A, B & C and wife takes credit cards X, Y & Z and the accumulated balances on those credit cards, in the event of a non payment, the credit card company still has the right to come back against both parties provided those debts were incurred during their marriage. The property settlement agreement is not binding on third party creditors.
We Have Solutions For You
Our team of experienced divorce lawyers in Mesa, AZ will assist with preparing the property settlement agreement that will best protect your interests as you move forward after your divorce.