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Difference between revisions of "Property and Debt in Family Law Matters"
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Property and Debt in Family Law Matters (view source)
Revision as of 23:23, 20 March 2013
, 23:23, 20 March 2013→Property Division and People Who Aren't Spouses
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#responsibility for the remaining $6,000 of her loan. | #responsibility for the remaining $6,000 of her loan. | ||
==Property | ==Property Claims and People Who Aren't Spouses== | ||
People are not spouses within the ''Family Law Act'' definition at s. 4 cannot make a claim for the division of property or debt through that act. When people who aren't spouses own an asset jointly, like a house or a car, they are presumed to each be entitled to half of the value of that property. Where a person claim a share of property owned only by the other person, he or she will have to prove an entitlement to that asset through the principles of the common law. | People are not spouses within the ''Family Law Act'' definition at s. 4 cannot make a claim for the division of property or debt through that act. When people who aren't spouses own an asset jointly, like a house or a car, they are presumed to each be entitled to half of the value of that property. Where a person claim a share of property owned only by the other person, he or she will have to prove an entitlement to that asset through the principles of the common law. | ||