Marital property is any property, or debt, acquired during the marriage (from the date of the wedding until the judgment of divorce is entered). Marital property is subject to division between the parties.
Property division in Michigan follows the rule of equitable distribution. This means that rather than dividing the property equally, property will be divided “equitably” or fairly. There is a presumption that the division will be roughly equal, and a court must clearly explain its reasons if it decides to deviate from the “roughly equal” guideline.
There are numerous factors that courts consider when dividing property. The most common factors considered are:
• the source of the property;
• contribution toward its acquisition;
• the number of years of married life;
• the needs of the parties and the children;
• the earning power of the parties;
• the cause of the divorce;
• general principles of equity; and
• any other factor the court deems relevant.
You deserve to be repaid here and then the remaining profits shared equally and divided by the judge.All of this is marital property acquired during the marriage.
Well you could sue him here civilly but divorce would be easier to get your half of everything and repayment.