California residents who are married know that maintaining a union for the long haul can be challenging and difficult. Sometimes, the problems are too overwhelming, and a couple decides that they should divorce. When they do, the couple normally negotiates the division of their assets and property prior to being granted a final divorce decree.
A few weeks ago we posted about the divorce of NBA Lakers star Kobe Bryant from his wife Vanessa. We knew few details about the divorce proceedings at that time, but since then, several details have come to light, including those surrounding property division.
A constant source of worry for couples in California going through a divorce is how the debt will be divided. Some spouses worry that they will be stuck having to help pay off debt that their soon-to-be-ex-spouse accumulated before a marriage, whether through owning a house or paying for college.