you want to come out of a divorce with something more than the shirt on your back and ideally, with something closer to an equitable distribution of property, and other real assets are nice, too…divorces.com/divorce_article … icle_7.htm
Greetings. Advise on what? If he cannot afford it, then he needs to sell the real estate. Thank you.
Janet L. Fritts
Attorney with Rosen Law Firm
4101 Lake Boone Trail, Suite 500
Raleigh, North Carolina 27607
919.787.6668 main phone
919.256.1665 direct fax
301 McCullough Drive Suite 510
Charlotte, North Carolina 28262
704.644.2831 main voice
704.307.4595 main fax
1829 East Franklin Street, Bldg 600
Chapel Hill, NC 27514
919.321.0780 main phone
919.787.6668 main fax
The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.
My divorce is final. Husband claims can’t afford to settle property distribution on real estate (approximately $50K owed as my portion of real estate), he now on SS + getting income from parents’ (still living) real estate properties & family business. 30 years of marriage, received nothing at separation (bank accounts,furniture, etc), he living in home (lakehome). Please advise.