How is the division of debt determined in a military divorce?

In North Carolina, the division of debt in a military divorce is determined in a similar way to civilian divorces. The court will generally consider the financial circumstances of each party, such as income, assets, liabilities, and expenses. The court will then attempt to divide the marital property in a way that is fair and equitable for both parties, taking into account any financial contributions made by either of the spouses during the marriage. Spousal support may also be a factor in determining the division of debt. The court will also evaluate the length of the military service when dividing the debt. If the military service has been relatively long, the court may decide to exempt some debts from division. Furthermore, the court may also consider the value of any non-monetary contributions made during the marriage, such as taking care of children or home maintenance. Overall, it is important to note that each military divorce is unique and the division of debt can vary in each case. It is usually best to consult with a lawyer specialized in military divorce law who can offer assistance and advice in such matters.

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How is the division of debt determined in a military divorce?

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