Mrozek v. Mrozek

EAGLES, Judge.

We first consider whether the trial court erred in finding that the marital debt owed to defendant’s parents had no value as of the date of separation because it was not legally enforceable because of the running of the statute of limitations period with no payments and no acknowledgment of the debt. In an equitable distribution action “the trial court is required to classify, value and distribute, if marital, the debts of the parties to the marriage.” Miller v. Miller, 97 N.C. App. 77, 79, 387 S.E.2d 181, 183 (1990) (citing Byrd v. Owens, 86 N.C. App. 418, 424, 358 S.E.2d 102,…