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Section 25 statement - net debts

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frederique
Posted by
New Member

02 Feb 19 #506033 by frederique

Topic started by frederique

Ive got a final hearing coming up and am representing myself. We have net debts and my EX does not want to recognise these, but requests that family home be sold....Im worried that he will run off with the money and leave me to pay the debts.
Both children are over 18.
He does not want to listen,so I know I need to make sure the section 25 statement is as comprehensive as possible.
help please!

Allan Hogg
New Member

04 Feb 19 #506045 by Allan Hogg

Reply from Allan Hogg

Assuming that your debts were accrued during your relationship and presuming your marriage was pretty long, I would think that the court would view this as 'matrimonial' and therefore, assets would be divided from spare capital available after debts have been considered settled from the funds. This is particularly the case where the debts have been for the benefit of the family. However, the courts are interested in 'needs' and its hard to comment further without understanding these.

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