What happens if I sell community property before my divorce is final?
Question Details: We owned a truck during our marriage. Before I filed for the divorce I was in the process of selling it. Money exchanged hands just the title transfer happened after I filed for divorce. What could possibly happen to me for transfer happening after?
Generally speaking, most states have what is known as an automatic stay prohibiting transfer of a marital asset once a divorce petition has been filed. If you do transfer it you could be violating the stay. If you are intent on doing it then I would set aside half of the funds for your spouse. Seek legal help there.
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