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Difference between revisions of "Dividing Property and Debt in Family Law Matters"
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Dividing Property and Debt in Family Law Matters (view source)
Revision as of 17:54, 23 January 2015
, 17:54, 23 January 2015no edit summary
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| resourcetype = a fact sheet on | | resourcetype = a fact sheet on | ||
| link = [http://www.clicklaw.bc.ca/resource/1639 How to divide property and debts] | | link = [http://www.clicklaw.bc.ca/resource/1639 How to divide property and debts] | ||
}}If a couple are able to agree on how their property and debts will be divided, they can make a separation agreement summarizing the terms of their settlement. However, if they can't agree, one of them will likely start court proceedings and the court will make an order dividing their property and debt for them. | }}If a couple are able to agree on how their property and debts will be divided, they can make a separation agreement summarizing the terms of their settlement. However, if they can't agree, one or either of them will likely start court proceedings and the court will make an order dividing their property and debt for them. | ||
This section talks about how property and debt are divided between spouses by the court through court orders made under the ''[[Family Law Act]]'', and by spouses through separation agreements. It also discusses when excluded property can be shared between spouses, when family property can be divided unequally, and when the court can make orders about property located outside British Columbia. | This section talks about how property and debt are divided between spouses by the court through court orders made under the ''[[Family Law Act]]'', and by spouses through separation agreements. It also discusses when excluded property can be shared between spouses, when family property can be divided unequally, and when the court can make orders about property located outside British Columbia. | ||
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{{REVIEWED | reviewer = [[Megan Ellis, QC]], January 23, 2015}} | {{REVIEWED | reviewer = [[Megan Ellis|Megan Ellis, QC]], January 23, 2015}} | ||
{{JP Boyd on Family Law Navbox|type=chapters}} | {{JP Boyd on Family Law Navbox|type=chapters}} | ||