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

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{{JP Boyd on Family Law TOC|expanded = assets}}
{{JP Boyd on Family Law TOC|expanded = assets}}
 
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| resourcetype = a fact sheet on
 
| link = [http://www.clicklaw.bc.ca/resource/1639 How to divide property and debts]
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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.
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.