Difference between revisions of "Equitable Distribution"

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<tr><td style="font-size:120%; text-align:center;" colspan="2"><b>Equitable Distribution</b></td><tr>
<tr><td style="font-size:120%; text-align:center;" colspan="2"><b>Equitable Distribution</b></td><tr>
<tr><td style="padding-right:10px"><b>Statute</b>:</td><Td> </td></tr>
<tr><Td style="padding-right:10px"><b>Description</b></td><Td>How property and debt are distributed between the spouses</td></tr>
<tr><Td style="padding-right:10px"><b>Description</b></td><Td>How property and debt are distributed between the spouses</td></tr>
<tr><td style="padding-right:10px"><b>Statute</b>:</td><Td> </td></tr>
<tr><td style="padding-right:10px"><b>Summary</b>:</td><Td> Most property and debt are divided 50/50 most of the time, regardless of which spouse has current possession or title. However, many rules and exceptions apply.</td></tr>
<tr><td style="padding-right:10px"><b>Summary</b>:</td><Td> Most property and debt are divided 50/50 most of the time, regardless of which spouse has current possession or title. However, many rules and exceptions apply.</td></tr>
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==When Started==
You cannot file a lawsuit for equitable distribution until after you and your spouse live in different homes (see [[Date of Separation]).<reF>[https://www.ncleg.net/enactedlegislation/statutes/html/bysection/chapter_50/gs_50-21.html#:~:text=(a)%20At%20any%20time%20after,in%20the%20cause%20as%20provided North Carolina Statute § 50-21]</ref>






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==Citations==
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Revision as of 14:55, 11 October 2022


Equitable Distribution
Statute:
DescriptionHow property and debt are distributed between the spouses
Summary: Most property and debt are divided 50/50 most of the time, regardless of which spouse has current possession or title. However, many rules and exceptions apply.

When Started

You cannot file a lawsuit for equitable distribution until after you and your spouse live in different homes (see [[Date of Separation]).[1]


Citations