08/27/2026
The business has debt. Divorce has entered the picture. Now what?
For a business owner, divorce can create financial questions that go far beyond determining who gets the company.
Business loans, credit lines, equipment, taxes, and other liabilities may all need to be examined when dividing assets and debts.
California's community property rules can make the classification of business debt especially important, and assuming “business debt = business owner's responsibility” may not tell the whole story.
Our latest article explains how business debt can factor into a California divorce and what business owners should consider when protecting their financial interests.
Read the full article: https://bit.ly/3StCnEs