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for Family Law Bulletin Vol. Issue 2, Aug 1991
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Record #:
25886
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Abstract:
While the recent NC Equitable Distribution Act states that the net value of martial estate is available for distribution upon separation, it does not give guidance on the treatment of accumulated debt. Crawley provides some guidelines for classifying martial debt in terms of when it was accrued and to whom it benefits if distributed jointly, how it can be valuated and distributed, as well as effect mechanisms for enforcing the division of such resources.
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