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Home / The SCoVA Blog / No presumption that debt is marital in equitable distribution (access required)

No presumption that debt is marital in equitable distribution (access required)

When arriving at an equitable distribution of a couple’s property, it’s only logical to start with the presumption that assets and debts acquired or incurred during the marriage are marital rather than individual, right? Logical perhaps, but the Supreme Court of Virginia says today that Virginia Code § 20-107.3 creates the presumption that assets are marital ...

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