Divorce is a complex process, and often, couples are faced with various very serious decisions to make. In some cases, couples who get divorced find themselves unable to compromise and their divorce, therefore, will have to be litigated. However, in other cases, couples are capable of compromising and working out agreements that best serve both of their interests. If you’re currently getting divorced, you may wonder what will happen with certain assets, such as your car. Please continue reading and reach out to a skilled Los Angeles division of assets attorney from Zitser Family Law Group, APC to learn more about what can happen with a car in a divorce and how our firm can help you.
Will I get to keep my car in my divorce?
If possible, you and your spouse should try to work out an agreement about who can keep the car. For example, you get to keep the car if your spouse gets to keep another asset worth a similar value. In other cases, you could also keep the car and pay your spouse the book value of the car in exchange. Sometimes, spouses will even agree to simply sell the vehicle and split the profits down the middle. That said, if you can’t agree on who will get to keep the car, your divorce will most likely go through litigation, wherein a judge will ultimately determine who gets to keep certain types of property.
What will happen with my other assets?
When divorces go through litigation, courts will distribute assets in a manner they consider to be fair and equitable between both spouses. This means that your home, 401(k)s, retirement benefits, and car will be divided between you. At this stage, it’s paramount that you retain the services of a competent Los Angeles divorce attorney who can fight for the best possible outcome on your behalf. We understand that there are few things more important than protecting what is rightfully yours from the pitfalls of a divorce, which is why we pledge to stand up for you, every step of the way. Simply pick up the phone and give us a call today so we can begin working on your case.
Contact our experienced Los Angeles firm
Divorce and family law issues are notoriously complicated and personal, which is why you must hire an attorney with years of experience, as well as the compassion and skill needed to handle these sensitive matters. For the qualified, dedicated legal representation you and your family deserve and need, contact Zitser Family Law Group, APC today.
