Legal Question in Family Law in California
community property=auto
my wife and i both owe money on cars my debt is greater how do i factor that in the dissolution summary
Asked on 5/13/07, 5:18 am
1 Answer from Attorneys
Lyle Johnson
Bedi and Johnson Attorneys at Law
Re: community property=auto
The debts on the cars goes with it to the party who receives the vehicle. There is no equity in the vehicles and therefore no community property interest to divide.
Answered on 5/20/07, 12:57 am
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