North Carolina couples who are getting a divorce may need to close any jointly owned assets such as bank and credit card accounts. With credit card accounts, it is important to make sure that any debts are paid off. Creditors might pursue either person for a joint...
Divorce
Keeping the family home in a divorce
When a North Carolina resident is considering a divorce, one major goal he or she may have is keeping the family home. In many cases, the family home is the couple's biggest asset. For those who have kids, retaining ownership of the family home may be important to...
What to know about going through a divorce
North Carolina estranged couples can use the formal divorce process to set the terms for the end of their marriages. In most cases, it will be used to determine who gets to keep property that was accumulated during the marriage. While the property division process is...
Amicable divorce myths, pitfalls for the unwary
While an attractive proposition for a divorcing couple in Charlotte, an amicable end of a marriage is not always to the benefit of both parties. Whether through a no-fault divorce or an uncontested finding of fault, one or both spouses could end up with a lopsided...
Deciding whether to file taxes jointly with a prenup
Many couples sign pre- or postnuptial agreements in order to keep their finances separate and their assets clearly delineated. Such agreements are typically beneficial for both parties, but there can be complications and questions that arise when you and your spouse...
How to handle your mortgage in a divorce
If you and your spouse purchased a home together, property division can be a particularly complex issue to tackle. You will first need to determine whether one of you will maintain the home or if you intend to sell it.Experts recommend selling after a divorce, but...
Unemployment increases risk of being divorced
Many factors cause couples in North Carolina to split, and financial problems contribute to marital strain. A study conducted by a Harvard University sociology professor and published in 2016 identified the unemployment of a husband as an issue that could cause the...
Divorcing over politics
While many North Carolina couples decide to get a divorce due to incompatibility or finances, data shows that some are doing so over disagreements regarding politics. According to the study, approximately 10 percent of divorcing couples listed their reason for divorce...
Divorce mediation in North Carolina
Many courts throughout America encourage or even require mediation for many types of cases, including divorce. In North Carolina, divorcing spouses must try mediation before they may litigate their disputes.While the law requires mediation of equitable division...
Pre- and postnuptial agreements as protection from debt
North Carolina residents who are concerned about their current or future spouse's debt might want to consider creating a pre- or postnuptial agreement to protect them from those obligation. A pre- or postnup can specify that the debt a spouse incurs after the marriage...
