Jacksonville Division of Property Lawyer

Experienced Defense in North Carolina

Other than child custody, the division of marital assets and debts can be one of the most contentious aspects of a separation and divorce. Many times there is a marital home where one or both parties had been living. Other assets to be divided might include other real estate, cars, furniture and electronics, personal property, and even pets. In today’s economy, most marriages also have debts such as mortgages, equity lines, car loans, student loans, and credit card debts. Finally, there can be the issue of retirement benefits, military benefits, and pensions.

A significant part of the process can involve identifying and separating out what is marital property subject to equitable distribution and what is the individual property of one spouse or the other. North Carolina law provides rules guiding how this determination is to be made.

Make Sure Your Interests Are Protected

The ultimate question of how marital property and debt is divided can be resolved either through negotiation and mediation or through litigation in a courtroom. Working with a qualified attorney can often smooth out this process by providing a buffer between the parties and helping to facilitate the negotiation process while at the same time protecting your rights and if necessary going to court to stand up for your side of the story.