CALIFORNIA FAMILY LAW
...Community Property Issues
......Debts/Obligations/Reimbursement
.........Division/Allocation of Debts
............Bankrupt (Neg. Asset) Marriage
5 Cards On This Topic:

If c/p debts exceed c/p assets, excess may be assigned equitably.

May not "equitably divide" excess obligations where parties have equivalent incomes.

If obligations exceed assets, then court should divide assets equally and allocate debts equitably, based on respective ability of parties to pay.

H properly awarded virtually all of c/p because he was also assigned debts in excess thereof.

If assets exceed liabilities, both must be divided equally.