Life after you separate may involve significant consequences, including the distribution/division of property and debt between you and your spouse. If you did not make a voluntary agreement to a property division prior to your divorce, the North Carolina courts will use the process of equitable distribution of marital assets to divide the property between you and your spouse. While North Carolina State law presumes that marital property should be divided equally among the spouses, the court may consider a variety of statutory factors to award an unequal distribution of the property.
It is important to have an understanding of equitable distribution whether you intend to resolve these issues through mutual agreement or through judicial proceedings. In either situation, our attorneys at Perry, Bundy, Plyler & Long, LLP will advocate an equitable method for dividing the marital estate between you and your spouse.
To protect your financial and legal interests today, contact Perry, Bundy, Plyler & Long, LLP where our attorneys take the time to ensure that you understand the financial consequences involved. Our skilled team of family law attorneys can guide you in making informed decisions about resolving your property division.
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