New Bankruptcy Law Secrets

Community Property States

If you're married and reside in a community property state special rules apply to your marital assets.

The states that are currently community property states include:

Alaska
Arizona
California
Idaho
Louisiana
Nevada
New Mexico
Puerto Rico
Texas
Washington
Wisconsin

In other non-community property states there is a much clearer legal barrier between the assets and debts of married individuals.

Back

© Copyright 2006, Ariza Research, All rights reserved – ABP Reproduction in any form is prohibited without written permission