Difference between revisions of "Protecting Property and Debt in Family Law Matters"

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===Movable property: financial assets===
===Movable property: financial assets===


Where a spouse has accepted the court's authority, the court can make a restraining order stopping the spouse from disposing of movable property located outside of British Columbia under s. 91 of the ''Family Law Act''. Movable property includes things like like bank accounts, stocks, investment accounts, and similar assets that aren't real estate and can be taken or transferred from place to place.
Where a spouse has accepted the court's authority, the court can make a restraining order stopping the spouse from disposing of movable property located outside of British Columbia under s. 91 of the ''Family Law Act''. Movable property includes things like bank accounts, stocks, investment accounts, and similar assets that aren't real estate and can be taken or transferred from place to place.


Inside British Columbia, a s. 91 order will stop a spouse from dealing with everything that is family property or other "property at issue," including real property. Outside British Columbia, a s. 91 restraining order will only stop a spouse from dealing with movable assets.
Inside British Columbia, a s. 91 order will stop a spouse from dealing with everything that is family property or other "property at issue," including real property. Outside British Columbia, a s. 91 restraining order will only stop a spouse from dealing with movable assets.