Citation Numbers: 8 A.D.3d 702, 777 N.Y.S.2d 781, 2004 N.Y. App. Div. LEXIS 7570
Judges: Mercure
Filed Date: 6/3/2004
Status: Precedential
Modified Date: 11/1/2024
Appeal from a judgment of the Supreme Court (Leaman, J.), entered October 31, 2002 in Ulster County, ordering, inter alia, equitable distribution of the parties’ marital property, upon a decision of the court.
In October 2002, plaintiff was granted a divorce on the ground of cruel and inhuman treatment. Supreme Court distributed the parties’ property and, among other things, granted plaintiff a distributive award based on the value of the parties’ two vehicles. In addition, the court allocated $3,430.91 of the parties’ credit card debt to defendant and $31,418.91 to plaintiff. Plaintiff appeals and we now affirm.
Regarding marital debt, “ ‘outstanding financial obligations incurred during the marriage which are not solely the responsibility of the spouse who incurred them may be offset against the total marital assets to be divided’ ” (Jonas v Jonas, 241 AD2d 839, 840 [1997], quoting Feldman v Feldman, 204 AD2d 268, 270 [1994]). Moreover, it is well settled that “[t]rial courts are granted ‘substantial discretion in determining what distribution of marital property [—including debt—] will be equitable under all the circumstances’ ” (Farrell v Cleary-Farrell,
With respect to the valuation of the parties’ automobiles, we find no reason to disturb Supreme Court’s use of the sale price of one vehicle and the amount required to satisfy the lien on another to determine the value of the vehicles. As noted by Supreme Court, there is no indication that the valuation submitted by plaintiff, derived from his personal research, bore any relation to the actual condition of the vehicles at the time defendant took possession of them, upon the parties’ separation.
We have considered plaintiff’s remaining arguments and conclude that they are meritless.
Cardona, P.J., Crew III, Carpinello and Kane, JJ., concur. Ordered that the judgment is affirmed, without costs.