OKLAHOMA Part 20

11. How is our property divided?

The judge is required award to each person his or her separate property (property received before marriage, by gift or by inheritance). The judge then divides all marital property (property acquired during marriage) justly and equitably. This does not mean that the judge will split everything 50/50. The judge has the discretion to divide the property as he or she deems just, depending on the circumstances. This could be 40/60, 45/55, 55/45, and so on.

Debt is included in the property division. The debt usually follows the collateral to which it is attached or can be separated and awarded to one party in exchange for a greater interest in one or more other assets.