PROPERTY DISTRIBUTION
In North Carolina the legal terminology for the division of the
parties’ property is called equitable distribution. Property is
categorized into “marital property”, “separate property” and “divisible property. Martial property and debt is distributed between the parties
is based on the principal of equity. The courts will distribute the
marital property based on some sense of fairness. It does not always
mean that the marital property will be divided equally, but based on the
evidence, the court will distribute the property equitably which may
result in either an equal or unequal distribution.
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