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It may appear that the term Equitable means Equal but that is not the case. The term Equitable when used in this case only means that the division of the property is considered to be fair. The parties are advised by the court to reach a settlement on property and debt issues together. If they fail to do so the court will decide the division of the assets and allocation of the debt. Contact Law Offices of Robert P. Luber today to learn more.
When the courts consider the division of assets they look towards the following:
(Massachusetts General Laws - Chapter 208 - Sections: 1A and 34)