Young woman closing car trunk and holding shopping cart on parking

Debt Basics

Community property states: tackling marital debts together

Apr 30, 2024

sarah-li-cain.jpg

Written by

kim-rotter.jpg

Reviewed by

Key takeaways:

  • Community property includes things of value and debts acquired during the marriage (or in some states, during a domestic partnership). 

  • If you live in a community property state and get divorced, the starting point for your financial separation is a 50/50 split. The next step is to figure out what’s fair, if it’s not 50/50.

  • If your name is on a debt, a divorce decree doesn’t void your responsibility for it. 

Community property laws provide a straightforward system for managing finances as a couple, in marriage or in divorce. It’s a great idea to understand this system even if you’re happily married or considering a financial strategy that will work for you in the future when you meet that special someone. 

In community property states, most things you and your spouse acquire while married belong equally to both of you. This means there's a clear starting point for figuring out a fair split if you do separate. Let's dive into how understanding community property can make navigating the financial side of your relationship easier.

What is community property?

Community property is the property that you and your spouse acquire during marriage, including what you own (assets) and what you owe (debts).  

Both spouses share ownership of community property, no matter who originally made the purchase or signed on for the debt. That is, even if the asset or debt is in one person’s name, both spouses are owners. 

Not everything acquired during marriage is community property. For instance, when one spouse receives an inheritance, it’s separate (but it could unintentionally become community property, and we’ll explain how). Also, a prenuptial agreement will generally take precedence over community property laws, so that’s a way to keep property separate. 

Read more: Money conversations every couple should have before getting married

What are community property states? 

There are nine community property states in the U.S.:

  • Arizona

  • California

  • Idaho

  • Louisiana

  • Nevada

  • New Mexico

  • Texas

  • Washington

  • Wisconsin 

In three additional states, couples can opt in to community property laws:

  • Alaska

  • South Dakota

  • Tennessee

Does community property apply to unmarried couples living together?

You may have to follow community property laws if you and your partner live in a state that recognizes common law marriages or domestic partnerships. A common law marriage is one where there was no marriage license or ceremony. A domestic partnership (called a civil union in some states) is a legal relationship between two committed people who want to gain certain rights afforded to married couples.

California, Nevada, and Washington recognize domestic partnerships once you officially register with the state. Texas is the only community property state that fully recognizes common law marriage. Idaho recognizes common law marriages that were created before Jan. 1, 1996. 

How does community property work?

In a community property state, the things you buy and the debt you take on during marriage are considered shared. Here are a few common examples: 

  • Any income you or your spouse earns, whether through a full-time job or a side business

  • Physical property, like a car, boat or furniture

  • Your home or other real estate purchased during the marriage

  • Income from rental properties or stock dividends

  • Money accumulated in brokerage and retirement accounts during the marriage

  • Debts taken out during the marriage

Community property matters if you end up divorcing or one spouse dies. 

Community property and divorce

In the case of divorce, community property is divided equitably. The judge reviewing your divorce is likely to split everything down the middle unless you and your spouse agree on something different, or one of you can show why a 50/50 split is not fair. 

Read more: What happens to debt in divorce?

Community property and death

In the case of death, community property rules can affect who inherits what, and whether the surviving spouse is responsible for debts. 

If one spouse brings debt to the marriage, is the other spouse responsible?

In most cases, spouses are not responsible for their partner’s debts that predate the marriage. Debt your spouse accumulated before you both got married is generally their responsibility alone. One exception to this rule would be if you opened a joint account or cosigned a loan before officially getting married. 

Why does community property matter for debt?

In the case of death or divorce, you could be held financially responsible for any debts that are considered community property, even if your name isn’t on it, and even if you didn’t know about it. 

Read more: Wife discovers husband had hidden $40,000 in debt for 3 years

Exceptions to community property rules

Not everything is subject to community property rules. If you or your spouse had your own separate assets or debts before the marriage, those won’t be split in the case of divorce unless they become commingled (no longer separate). Property can become commingled in many ways. For instance, if you bought your home before you got married, it’s your separate property. But if you add your spouse’s name to the deed, you now have community property. Similarly, if you came to the marriage with money, it’s separate. But if you use that money to buy a shared home, that money is no longer your separate property. 

Some of what you and your spouse acquire during your marriage may also count as separate property, such as:

  • Property protected by a prenuptial agreement 

  • Assets you or your spouse separately inherit

  • Gifts to either spouse

What if my spouse refuses to cooperate or take responsibility for joint debts?

You're still responsible for joint debts even if your spouse refuses to take any responsibility or work with you to pay them off. (And the reverse is also true.) When you get a loan or credit card, you enter into a legal contract with that creditor. A divorce decree doesn’t make that contract go away.

Read more: Is your partner committing financial infidelity? Are you?

Dealing with debt in community property states

Tackling debt on your own can be done with the right support and tools. Start by talking to an expert. Credit counselors can help you learn strategies for managing your debt. If you’re thinking about divorce, or you’ve already started to separate from your spouse, talk to an attorney who specializes in divorce and estate planning. 

If you’re not sure of your options for dealing with debt, a talking to a debt expert can help you figure out which debt solution might be right for your situation. 

Any of these options could give you some breathing room as you navigate your way past community property obstacles.

What’s next 

  • Take stock of your assets you acquired before the marriage to determine what you own separately.

  • Look at all your debts accumulated during the marriage to estimate what you may still owe after the divorce.

  • Work with your spouse as best as you can to divide up assets you jointly own. 

  • Research options for getting rid of debt.

Author Information

sarah-li-cain.jpg

Written by

Sarah is a contributing writer for Achieve. She is a financial counselor accredited by the Association for Financial Counseling & Planning Education®, and a writer for other Fortune 500 publications.

kim-rotter.jpg

Reviewed by

Kimberly is Achieve’s senior editor. She is a financial counselor accredited by the Association for Financial Counseling & Planning Education®, and a mortgage expert for The Motley Fool. She owns and manages a 350-writer content agency.

Frequently asked questions

Your spouse doesn’t have a right to your house if you purchased it before marriage. There are exceptions, such as if you add their name on the deed, or you refinance a mortgage in both your names. 

If you're a surviving spouse and live in a community property state, you will probably need to use any joint assets to pay the debt.

Related Articles

financial-stress.jpg

Debt Basics

Debt stress can affect your physical and mental health. Learn what you can do now to stop it in its tracks.

good-debt-bad-debt.jpg

Debt Basics

Good debt helps you reach your goals at a cost that’s fair. Learn more about how to judge a debt for yourself.

what-does-it-mean-to-be-insolvent.jpg

Debt Basics

You may be insolvent if you don’t have enough money to pay your debts. Insolvency could allow you to settle debt tax-free or wipe it out in bankruptcy.

Achieve Logomark

Achieve is the leader in digital personal finance, built to help everyday people move forward on the path to a better financial future.

Footer Trust Pilot Marker

TrustScore 4.8/5

Footer BBB Marker

.

Personal loans are available through our affiliate Achieve Personal Loans (NMLS ID #227977), originated by Cross River Bank, a New Jersey State Chartered Commercial Bank, Equal Housing Lender. Loan applications are subject to credit review, underwriting criteria, and approval. Loans are not available in all states and available loan terms/fees may vary by state. Loan amounts range from $5,000 to $50,000. For loans $35,000+ must have a minimum 660 credit score. APRs range from 8.99% to 29.99% and include applicable origination fees that vary from 1.99% to 6.99%. Repayment periods range from 24 to 60 months. Example loan: four-year $20,000 loan with an origination fee of 6.99%, a rate of 15.49%, and corresponding APR of 19.54%, would have an estimated monthly payment of $561.60 and a total cost of $26,956.80. To qualify for a 8.99% APR loan, a borrower will need excellent credit, a loan amount less than $12,000.00, and a term of 24 months. Adding a co-borrower with sufficient income; using at least eighty-five percent (85%) of the loan proceeds to pay off qualifying existing debt directly; or showing proof of sufficient retirement savings, could help you also qualify for lower rates. Funding time periods are estimates and can vary for each loan request. Same day decisions assume a completed application with all required supporting documentation submitted early enough on a day that our offices are open. Achieve Personal Loans hours are Monday-Friday 6am-8pm MST, and Saturday-Sunday 7am-4pm MST. $6,000 savings: Average savings claim for personal loans are based on 2023 data for 2, 3, and 4-year terms on funded debt consolidation loans for $21,600. Savings will vary based on several factors, subject to credit approval and other conditions. Any savings will be reflected in the offer.

Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501), Equal Housing Lender. All loan requests are subject to eligibility requirements, application review, loan amount, loan term, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio, and combined loan-to-value ratio. Minimum 640 credit score applies for debt consolidation requests, minimum 700 applies for cash out requests. Other terms, conditions and restrictions apply. Fixed rate APRs range from 8.75% - 15.00% and are assigned based on underwriting requirements; offer APRs include a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). Example: average HELOC is $57,150 with an APR of 12.75% and estimated monthly payment of $951 for a 15-year loan. 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Contact Achieve Loans for further details. Monthly savings claim is based on average monthly debt savings from originated loans for 2023. Monthly savings varies based on each loan situation and can be more or less than $800.

Affiliated Business Arrangement Disclosure: Achieve.com (NMLS #138464) and Achieve Loans are both wholly owned subsidiaries of Achieve Company. Because of this relationship, your referral to Achieve Loans may provide Achieve.com a financial or other benefit. Where permitted by applicable state law, Achieve Loans charges: 1) an origination fee of 3.50%, and 2) an underwriting fee of $725. You are NOT required to use Achieve Loans for a home equity line of credit. Please click here for the full Affiliated Business Arrangement disclosure form.

Resolution is available through our affiliate Achieve Resolution (NMLS ID # 1248929). All estimates for Achieve Resolution’s services are based on prior results, which will vary depending on your specific enrolled creditors and your individual program terms. Not all Achieve Resolution clients are able to complete their program for various reasons, including their ability to save sufficient funds. Achieve Resolution does not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. Achieve Resolution does not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Achieve Resolution’s services are not available in all states, including New Jersey, and their fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment. The use of Achieve Resolution services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements Achieve Resolution obtained on your behalf resolve the entire account, including all accrued fees and interest. C.P.D. Reg. No. T.S.12-03825.

© 2024 Achieve.com. All rights reserved. NMLS #138464