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Dividing property and debts

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When a relationship ends, spouses often have to deal with their property and debt. They have to figure out who gets what and who pays for which debts. Learn what the law says about property and debt division when spouses separate.

“When my spouse and I started living together, I owned a condo. During our four-year relationship, we bought some things together and racked up some credit card debt. We just separated a month ago. I learned that we each get to keep what we brought into the relationship. We’ll share paying off the debt and dividing up the stuff we got together during our relationship. Now, we’re making a separation agreement — so far, so good.”

– Bruno, Nelson, BC

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  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in March 2020
  • Time to read: 6 minutes

Reviewed for legal accuracy by

Samantha Rapoport, Brown Henderson Melbye

Samantha Rapoport, Brown Henderson Melbye

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This information from People’s Law School explains in a general way the law that applies in British Columbia, Canada. The information is not intended as legal advice. See our disclaimer.

On Dial-A-Law

Dial-A-Law has more information on Support & property in the section on Families + Children.