by McIlveen Family Law Firm | Apr 11, 2018 | Equitable Distribution
NC Equitable Distribution is the process that is used in NC to determine who gets which assets following a divorce. NC Equitable Distribution determinations can be made by mutual agreement of the parties, via arbitration or a Collaborative Law Procedure, or by a court...
by McIlveen Family Law Firm | Apr 28, 2017 | Divorce, Equitable Distribution, Family Law
This is a short guide explaining what to do if your spouse files a bankruptcy during a pending family law action. This is specific to North Carolina and should be considered irrelevant to any other state. It is not legal advice and you should consult an attorney if...
by McIlveen Family Law Firm | Mar 27, 2017 | Divorce, Equitable Distribution
1. My spouse filed bankruptcy in the middle of our divorce. What will that do to my credit? The short answer is that it depends. For debts that ONLY your ex owed, there should be nothing reported on your credit. For debts that only you owe, those debts are not...
by McIlveen Family Law Firm | Mar 26, 2017 | Equitable Distribution, North Carolina Law
1. What is Equitable Distribution in NC? Equitable Distribution in NC is the division of assets (property) and debts that were the product of a marriage. 2. My husband and I are separated. How will our property be divided? NC is an equitable distribution state....