One of the major tasks divorcing couples face is how to divide their assets and debts. Under Texas law, all property accumulated during the marriage is presumed to be community property which is owned equally by both parties. The same principle applies to accumulated debt. The first step a divorcing person needs to take is to make an inventory of all their assets and debts. The … [Read more...] about Divorce: How Do Assets and Debts Get Divided?
At Whittemore Law Firm, we help our clients understand every step of the divorce process. We work to resolve their issues in the least acrimonious way possible, particularly when children are involved. The Petitioner and the Respondent The process begins when one party, known as the petitioner, files a petition with the court requesting a divorce. The petition states the grounds for divorce and … [Read more...] about How Does the Divorce Process Work?