Walker v. Walker

NORTHCUTT, Judge.

The circuit court dissolved Mr. and Mrs. Walker’s twenty-two year marriage in December 2000. Mrs. Walker challenges many of the financial aspects of the final judgment, including the alimony award, the valuation of a business, and the equitable distribution. We affirm on all issues save one: the court’s finding that loans Mr. Walker received from his business were marital debt for equitable distribution purposes. On that issue we reverse and remand for further proceedings.

Mr. Walker testified that he borrowed between $170,000 and $180,000 from his business to pay litigation…