An area of dispute that often occurs between parties during financial remedy proceedings is the consideration of a debt owed to a friend or family member. Quite often, one party will claim that monies given by a friend or family are an existing debt to be repaid and should appear as a liability on the…
There is a danger amongst unmarried partners of a party relying on the myth of “common law partner” and a false belief that they have the same financial rights as married couples should the relationship come to an end. This belief in the myth can result in devastating financial consequences especially for those who may…
During or after a divorce, you may feel that you are struggling to manage financially or that your standard of living has decreased severely. As such, you could be eligible for spousal maintenance. Spousal maintenance can be awarded by the Courts for the higher income earning spouse to pay the spouse with the lower income…
Some of the biggest decisions facing divorcing couples focus around their matrimonial finances and how assets are going to be distributed between them when they are no longer together. Many couples are able to reach an agreement through mediation or negotiations but others require the assistance of the court, and have to make a financial…