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Property and Debt

Property and debts can be distributed in a divorce or legal separation. Oregon is an equitable distribution state. These issues can be very complicated, and if you make a mistake, you may not be able to fix it later. You should consider talking with a lawyer before making decisions about these issues. If parties cannot agree on how property and debts should be distributed, Oregon law requires each party to submit to the court and serve on the other party a statement listing all assets (property) and liabilities (debts). The statement includes information about all real property, personal property and debts acquired both separately and jointly by the parties, before and during the marriage. Check with your local court regarding the rules for when to file it. The Statement of Assets and Liabilities form is available on the website. More information is available at OregonLawHelp.org.

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Property & Debt Division - Law & Trial Preparation

 
 

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