Articles Tagged with statute of limitations

Published on: May 12, 2023

Equitable Distribution and Statutes of Limitation

READ V. READ, 2023-NCCOA-______ (2023)

Imagine that you and your wife separate from each other. It is now 15 years later. While you have both moved forward in life, neither of you filed for divorce. You are still married. One day you get a notice in the mail. There was an outstanding loan that originated during the marriage, while you two were still together, that has not been paid and now the lenders are threatening some legal action. Is it too late to file for equitable distribution and have a court order that you both pay on the debt? Continue reading →

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