How are debts owed to family members dealt with in divorce proceedings?
The first question for the court to determine is whether the debts are legitimate, and this is a...
Family Law
You might have obtained your Decree Absolute and believe that your divorce is now concluded.
However whilst the Decree Absolute might formally end your marriage, it does not dismiss the financial claims that you and your ex-spouse have against one another. You need a separate document to bring your financial claims to an end.
This can either be through consent called a Consent Order or, if not, it can be made at the end of contested financial remedy proceedings.
This is essential to bring your financial claims to an end and achieve your financial clean break against one another. Otherwise your financial claims can remain live and your spouse may bring a claim in the future.
If you require any further advice, you can contact our expert family solicitors by calling 01902 328 355 or emailing astokes@georgegreen.co.uk. George Green LLP have offices in Cradley Heath and Wolverhampton and serve clients across all of the Black Country and West Midlands.
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