The McKinney Law Group Blog

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How Asheville Courts Value Debt at Separation Date

How Asheville Courts Value Debt at Separation Date

In North Carolina, the equitable distribution process requires the court to classify, value, and distribute both assets and debts. While many divorcing couples focus heavily on property valuation, th...

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Car Loans After Separation: Divisible or Not?

Car Loans After Separation: Divisible or Not?

When spouses separate in North Carolina, financial decisions don’t come to a full stop. Life continues. Cars are driven, loans come due, and payments get made—sometimes by one party, sometimes by...

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Credit Card Debt Paid From Separate Funds? How Asheville Courts View It

Credit Card Debt Paid From Separate Funds? How Asheville Courts View It

Dividing debt in divorce can be just as important as dividing assets. In Asheville, where equitable distribution governs property division, the distinction between marital and separate financial acti...

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Paying the Mortgage After Separation: Is it Divisible in Asheville Divorce?

Paying the Mortgage After Separation: Is it Divisible in Asheville Divorce?

In many Asheville divorce cases, one of the most pressing and confusing issues is the marital residence and the mortgage tied to it. After separation, one spouse often continues to make monthly mortg...

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Divisible Debt Explained: Post-Separation Accrued Interest in Asheville

Divisible Debt Explained: Post-Separation Accrued Interest in Asheville

When a marriage ends, debt division becomes one of the most contested and consequential parts of the divorce process. In Asheville and across North Carolina, the principle of equitable distribution g...

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Professional School Loans: Who’s Responsible After Divorce in Asheville?

Professional School Loans: Who’s Responsible After Divorce in Asheville?

Education is one of the most significant long-term investments a person can make. In many marriages, one spouse pursues a professional degree while the other works, raises children, or supports the h...

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Home Equity Lines of Credit: Separate or Shared Debt in Asheville?

Home Equity Lines of Credit: Separate or Shared Debt in Asheville?

Dividing property in divorce can be a challenge, even when spouses agree that the marriage is over. The task becomes more complex when debt is involved. One of the most misunderstood types of debt in...

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When Is a Credit Card Debt Marital? Asheville Divorce Analysis

When Is a Credit Card Debt Marital? Asheville Divorce Analysis

In many marriages, credit card use becomes part of daily life. Couples often share cards, alternate responsibility for payments, or add each other as authorized users. This integration of financial l...

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Student Loans and Education Debt: Separate vs. Marital in Asheville Divorce

Student Loans and Education Debt: Separate vs. Marital in Asheville Divorce

Educational debt can follow a person for decades. In some marriages, student loans may seem like a personal issue. In others, they affect shared finances, tax returns, and budgeting decisions. When a...

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