
Quoting
892Elm
My question involves a marriage in the state of: New Jersey
How does equitable distribution work in the following case:
I bought a car in 2006, got married in 2008. The car's original value was 60% paid off at that point. So the remaining 40% of the original value was paid for with marital assets.
Wife bought a car in 2011 and it is completely paid off through marital assets.
Is it reasonable to claim that 60% of my car is not a marital asset? Is this common or are there issues with co-mingling?