CALIFORNIA FAMILY LAW
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Community Property Issues
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Debts/Obligations/Reimbursement
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Statutory Provisions
............Assignment/Liability
10 Cards On This Topic:
Liabilities shall be characterized and assigned pursuant to Fam. Code §2551.
Educational loans assigned without offset to party who received education.
Tort liability assigned per Fam. Code §1000.
Liability of c/p for tort damages.
If debts exceed assets, excess debts may be assigned equitably.
Premarital debts assigned to incurring party.
Postseparation debts are s/p obligations, unless incurred for necessaries of life at a time when no support order or agreement in effect.
Debts incurred after judgment but before status termination are s/p obligations.
Debts not for benefit of c/p assigned without offset to spouse who incurred.
Statutory notice re wills, assignment of debts, credit card liability, etc. required in petition and judgment.