Legal basis: Civil Code of People's Republic of China (PRC).
Article 1087 Disposal of the joint property of husband and wife at the time of divorce. If the joint property of husband and wife cannot be settled by agreement, the people's court shall make a judgment according to the specific circumstances of the property and the principle of taking care of the rights and interests of children, wives and innocent parties. The rights and interests enjoyed by one spouse in the contracted management of family land are protected according to law.
Article 1089 Joint debts of husband and wife shall be paid off at the time of divorce. If the joint property is insufficient to pay off or the property belongs to each other, and the agreement between the two parties cannot be resolved, the people's court shall make a judgment.