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

Jump to navigation Jump to search
Line 1: Line 1:
{{JP Boyd on Family Law TOC|expanded = assets}}
{{JP Boyd on Family Law TOC|expanded = assets}}
{{OKSUBSTANTIVE}}
It's sometimes necessary to take steps to protect family property, family debt and excluded property until a final agreement or order dividing assets is made. Failing to take these steps can sometimes result in property being sold, lessened in value, used as collateral for a loan, moved out of province or being seized by a trustee in bankruptcy or a creditor. Most of the time it only becomes important to protect property after a couple has separated.


This page will review some important initial steps that should be taken to secure family property and family debt, the restraining orders that can stop family property from being disposed of, the problems posed by third party claims such as debts and bankruptcy, and how assets located outside British Columbia can be protected.
This page will review some important initial steps that should be taken to secure family property and family debt, the restraining orders that can stop family property from being disposed of, the problems posed by third party claims such as debts and bankruptcy, and how assets located outside British Columbia can be protected.