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Mississippi Property Division Factors
In Mississippi, the property and debt issues are typically settled between the parties by a signed Marital Settlement Agreement or the property award is actually order and decreed by the Chancery Court within the Decree of Divorce. Mississippi is referred to as a "Title" state. When the parties are unable to reach a settlement, the Chancery Court will take the following approach to dividing the assets; First, it will go though a discovery process to find out who has title to what property. Second, under normal conditions, the spouse who has title will be awarded that property.
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