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Blog Posts in June, 2017

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  • Why Hiding Assets at Divorce is Never a Good Idea

    Posted By Stolar & Associates, A Professional Law Corporation || 12-Jun-2017

    Divorce can get ugly, but hiding assets is never a good idea. It is both unethical and illegal. In California, divorcing spouses are required to file forms with the court to disclose all assets, including bank accounts, real estate, and income. Giving false, incomplete, or misleading information when filing official court documents during divorce proceedings, can lead to serious consequences, ...
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  • What Happens to Debt After Divorce?

    Posted By Stolar & Associates, A Professional Law Corporation || 5-Jun-2017

    Once you have made the decision to move forward with a divorce, you might be concerned about what will happen to your debt. California is a community property state, so assets acquired and debts incurred by either spouse throughout a marriage equally belongs to both spouses. Therefore, unless spouses entered into an agreement regarding the division of property and debt, the court will seek to ...
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