Dividing Property and Debt in Family Law Matters: Difference between revisions
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Dividing Property and Debt in Family Law Matters (view source)
Revision as of 20:40, 24 April 2013
, 24 April 2013→Putting the plan into action
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<blockquote>there may be a problem. If another court can make an order, you then have to figure out whether the courts of British Columbia should be hearing your case or not under s. 106.</blockquote> | <blockquote>there may be a problem. If another court can make an order, you then have to figure out whether the courts of British Columbia should be hearing your case or not under s. 106.</blockquote> | ||
If your case is better dealt with by another court, ''stop'' because you'll need to start a court proceeding there. If not, you can continue here | If your case is better dealt with by another court, ''stop'' because you'll need to start a court proceeding there. If not, you can continue here. | ||
'''Step Five''' | '''Step Five''' | ||
<blockquote>Now you have to start sorting what you have into ''family property'' and ''family debt'', and ''excluded property'' and ''personal debt''. Start from the assumption that everything you have is family property and family debt and | <blockquote>Now you have to start sorting what you have into ''family property'' and ''family debt'', and ''excluded property'' and ''personal debt''. Start from the assumption that everything you have is family property and family debt and then work backwards.</blockquote> | ||
<blockquote>Property and debt that you got ''after you separated'' is generally the separate property of each spouse, with two main exceptions:</blockquote> | <blockquote>Property and debt that you got ''after you separated'' is generally the separate property of each spouse, with two main exceptions:</blockquote> | ||