The UK's largest and most visited divorce site.
Modern, convenient and affordable services.
We've helped over 1 million people since 2007.

Click this button for details of our

email, phone nbr and free consultations.

How To Contact Us

Settlement

Start
Prev
1
Next
End

Karix
Posted by
New Member

29 Jul 23 - 30 Jul 23 #521492 by Karix

Topic started by Karix

Last edit: 30 Jul 23 by Karix. Reason: Update

hadenoughnow
Moderator

30 Jul 23 #521493 by hadenoughnow

Reply from hadenoughnow

If it is gone, it is gone. Very rarely there may be a case for an add back if matrimonial assets have been dissipated. A lot depends on the circumstances. We'd need to know a bit more to be able to advise.
What was the income from? What was it spent on?

Hadenoughnow

Karix
Posted by
New Member

30 Jul 23 - 30 Jul 23 #521501 by Karix

Reply from Karix

Rent

Last edit: 30 Jul 23 by Karix.

Karix
Posted by
New Member

30 Jul 23 - 30 Jul 23 #521502 by Karix

Reply from Karix

Rent

Last edit: 30 Jul 23 by Karix.

hadenoughnow
Moderator

30 Jul 23 #521503 by hadenoughnow

Reply from hadenoughnow

If the money was used for the property, then it is no longer an asset; it has been spent. The property may be considered a matrimonial asset though. It all depends on the circumstances.

Hadenoughnow

Start
Prev
1
Next
End

Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Shezi, Linda Sheridan, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.