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Difference between revisions of "Dividing Property and Debts"
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Dividing Property and Debts (view source)
Revision as of 00:24, 2 December 2014
, 00:24, 2 December 2014→When do you have to apply for a division of property and debt?
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It isn’t necessary to start a court case to divide property or debt, and you don’t need to get a divorce order first if you’re married. However, if an agreement about dividing property and debt can’t be reached: | It isn’t necessary to start a court case to divide property or debt, and you don’t need to get a divorce order first if you’re married. However, if an agreement about dividing property and debt can’t be reached: | ||
*married spouses must apply to court for a division of property and debt under the Family Law Act within two years of the date the that court made a divorce order or a declaration that their marriage is a nullity; and | *married spouses must apply to court for a division of property and debt under the ''Family Law Act'' within two years of the date the that court made a divorce order or a declaration that their marriage is a nullity; and | ||
*unmarried spouses must apply to court for a division of property and debt under the act within two years of the date they separated. | *unmarried spouses must apply to court for a division of property and debt under the act within two years of the date they separated. | ||