Difference between revisions of "Equitable Distribution"
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==When Started== | ==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> | 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> | ||
Revision as of 15:12, 11 October 2022
| Equitable Distribution | |
| Statute: | |
| Description | How 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]