In general,
property and debt orders in a Decree of Dissolution may not be modified after the case is finalized.
Case law provides that
property and debt orders in the Decree may not be enforced with a contempt action unless they are related to support of the family.
Not exact matches
If you looked at unemployment, housing, commercial
property, business
order books, lack of credit
and abundance of
debt, there was no doubt that we were still in deep trouble.
A high ratio indicates the REIT is easily able to meet its
debt obligations
and has the flexibility to issue more
debt in
order to acquire
properties and grow.
Various reasons that prompt one to take a second mortgage include covering part of the down - payment on their first mortgage in
order to evade the requirement of
property mortgage insurance, financing home improvements,
and consolidating
debts.
Bad credit mortgages pose an inherent risk
and in
order to protect themselves, bad credit mortgage lenders avoid
properties with too much
debt.
And attorney Parisa Fishback said bankruptcy may be appropriate if you have
property that's in danger of going into foreclosure, or if you're thinking of taking money out of a retirement account in
order to pay an unsecured
debt.
garnishment [top] Legal proceeding whereby money or
property due to a creditor, but in the possession of another, such as an employer, is intercepted by means of a court
order and applied to the payment of the
debt owed to the plaintiff creditor.
Other than to its employees, contractors
and affiliated organizations, as described above,
Debt Consolidation Programs discloses potentially personally - identifying
and personally - identifying information only in response to a subpoena, court
order or other governmental request, or when
Debt Consolidation Programs believes in good faith that disclosure is reasonably necessary to protect the
property or rights of
Debt Consolidation Programs, third parties or the public at large.
Threaten to seize, garnish, or sell your
property or wages if you don't pay A
debt collector can not threaten to seize or garnish your wages unless they take you to court
and get a court
order to garnish your wages, or intend to take you to court in
order to do so.
Most
debts except: fines, penalties, compensation
and forfeiture
orders imposed by any court; any
debt that has been incurred through fraud; student loans; any obligation to pay maintenance to an ex-spouse due under a court
order (not Child Support Agency arrears or Child Maintenance Service arrears);
and money owed to a creditor whose
debt is secured on your
property (such as a mortgage or secured loan).
In many instances, in
order to repay the
debt, your heirs will sell the home to satisfy the
debt and some elect to refinance the reverse mortgage into another type of loan in
order to retain the
property.
If you have some secured
debts (those which you have obtained by placing collaterals),
and if you are behind on your bills, the creditor may ask the court to raise the «automatic stay» in
order to repossess or foreclose on your
property.
In a so called «straight» bankruptcy, the Trustee in bankruptcy seeks to liquidate the debtor's non exempt
property and distribute the proceeds to the creditors in
order of priority, in exchange for discharge of all eligible
debt.
If the conflict is over
debts and assets, you will want excellent records of all expenses in your marriage in
order to accurately divide
property.
E.
Order the equitable division of the community
property and community
debts of the parties
and confirm to each their sole
and separate
property and debts, if any;
The judge's
order had been to adjust
property so as to preserve the district judge's proportions but to reformulate his errors in computation of the couple's
debt and to reflect «the change in the landscape from that surveyed by the district judge», upon sale of the business.
You must transfer the Trust
property into your name as the Trustee, review the Trust instruments,
and maintain a record - keeping system in
order to keep track of the Trust's assets, appraising them if necessary,
and pay any
debts.
Zavarella v. Zavarella 2013 ONCA 720 Family Law — Husband
and wife — Marital
property — Distribution
orders — Equalization payments About two weeks before she was married, a future wife, with
debts of $ 49,838.70, made an assignment into bankruptcy.
Securing the enforcement of a Judgment by
Order for sale of a # 24 million
property in central London in payment of a
debt and other sums due to our client.
The court will issue
orders about child custody, child support, alimony, the payment of attorney fees, the payment of community
debts,
and the use of community
property by one spouse or the other during the pendency of the case.
Even without your spouse's participation in the divorce proceeding, the court can enter
orders regarding the effective dissolution of the martial estate, including
property division, division of assets
and debts,
and orders affecting children — custody, visitation, child support — among others.
Under this Act the
property of absconding debtor may be seized
and taken by an
order of attachment for the satisfaction of the person's
debts.
Automatic
Orders seek to preserve the status quo while the action is pending, by prohibiting the transfer or encumbrance of real
and personal
property and retirement funds, the accumulation of unreasonable
debt,
and changes in beneficiaries on existing health
and life insurance policies.
Attorney Barbara E. Hecht has more than 35 years of experience resolving complex
property and debt division issues, including those that involve military pensions, businesses, stock options, qualified domestic relations
orders (QDROs)
and ERISA defined benefit plans.
Section 106 (4) says that the court can refuse to make
orders for the division of
property and debt.
Under s. 95 a court can
order reapportionment to address any «significant unfairness» that may arise from an equal division of
property and debt in light of the spouse's post-separation contribution.
The divorce ruling will comprise
orders about marital
property and marital
debts, as well as custody, visitation, child support
and spousal support.
The family court
ordered the
property and business be sold, awarded Wife 61 % of the marital estate,
ordered that she pay all the marital
debt,
and denied her claim for attorney's fees.
Debts owed to a spouse, former spouse, or child of the debtor that are not domestic support obligations
and that is incurred by a debtor in a separation, divorce, separation agreement,
property settlement agreement, court
order or decree, or a determination by a governmental unit may be discharged in a chapter 13 case, but not in a chapter 7 case.
Remember you can only ask for
orders respecting spousal support, child support
and custody at the Provincial Court; not
Property,
debt or divorce.
-- Enabling parenting coordination by agreement or court
order; — Amending the Commercial Arbitration Act to address family arbitrations; — integrating reproductive technologies into determining a child's legal parents; — Replacing the terms «custody»
and «access» with «guardianship»
and «parenting time»; — Defining «guardianship» through a list of «parental responsibilities» that can be allocated to allow for more customized parenting arrangements; — Extending the legislative
property division regime to common - law spouses who have lived together for two years in a marriage - like relationship or who are in marriage - like relationship of some permanence
and have children together; — Excluding certain types of
property (e.g. pre-relationship
property, gifts,
and inheritances) from the pool of family
property to be divided 50 - 50;
and — Providing that
debts are subject to equal division.
How marital assets
and debts are divided in
order to come up with a viable
property settlement agreement can be one of the most contentious issues in divorce proceedings.
If your executor has to sell
property in
order to pay those
debts and taxes, they will.
You will need an attorney experienced in divorce, temporary relief
orders,
and additional legal matters such as
property and assets,
debts, parenting plans, child support,
and more.
For example, the typical divorce petition requests the court to enter
orders relating to the division of
property and debt, child custody
and support,
and alimony.
The judge can
order provisions for support, custody, division of
property and assignment of marital
debts, but your marriage isn't technically over, so neither of you can remarry.
When people speak of being legally separated in New Jersey, they may be referring to the fact that they have entered into a written separation agreement governing custody
and a parenting plan
and support (
and maybe even division of
property and debt); or where, instead of having the marriage dissolved, the spouses filed for separate maintenance (a type of support proceeding in New Jersey that results in the entry of a support
order but not dissolution of the marriage) or for divorce a mensa et thoro (divorce from bed
and board) that allows the parties to live separately while still remaining married (which some spouses wish to do for religious reasons or, where the insurance plan allows it, to continue with health coverage through the other spouse).
In dividing
property the court considers the contributions, «monetary
and non-monetary,» of each spouse, the duration of the marriage, the ages
and conditions of each spouse, how marital
property was acquired, the
debts and liabilities of each spouse, tax consequences, dissipation, the «character of all marital
property,»
and «other factors as the court deems necessary or appropriate to consider in
order to arrive at a fair
and equitable monetary award.»
Many married couples enter into a Separation Contract, a Separation Agreement
and Property Settlement (SAPS), or obtain a Court Order that details rights and obligations regarding child support, child custody, spousal support, and division of property a
Property Settlement (SAPS), or obtain a Court
Order that details rights
and obligations regarding child support, child custody, spousal support,
and division of
property a
property and debt.
Even if the marriage was invalid or void, for whatever reason, there still may be the need to enter
orders related to custody / visitation, child support, division of
property and debt,
and any other relevant issues.
The petition, which sets out what a person wants a judge to do (such as dissolve the marriage, rule on custody,
order child support,
and divide marital
property and debt), is generally personally served by a sheriff's deputy or other authorized process server.
Your final agreement is both a contract
and a court
order that will impact your rights about your
property, finances, children,
and debts.
In the negotiated settlement process, we will create a parenting plan
and decide what documents may be needed in
order to make a decision the division of assets,
property and debts.
These are detailed in your Separation Agreement (commonly referred to when formalized after mediation by Colorado divorce mediators as the «Memorandum of Understanding»)
and include parenting plan, child support
and spousal maintenance,
and property and debt division arrangements earlier agreed to by you or
ordered by the Court.
In an Arizona legal separation, your community
property assets
and debt are divided, child custody
orders are entered, child support
orders are issued,
and alimony may be awarded.
Equitable division laws give the court the power to
order whatever the court feels is fair given your individual circumstances,
and community
property laws require the court to divide the assets
and debts accumulated during the marriage 50/50, with some exceptions.
In making an equitable apportionment of marital
property, the family court must give weight in such proportion as it finds appropriate to all of the following factors: (1) the duration of the marriage along with the ages of the parties at the time of the marriage
and at the time of the divorce; (2) marital misconduct or fault of either or both parties, if the misconduct affects or has affected the economic circumstances of the parties or contributed to the breakup of the marriage; (3) the value of the marital
property and the contribution of each spouse to the acquisition, preservation, depreciation, or appreciation in value of the marital
property, including the contribution of the spouse as homemaker; (4) the income of each spouse, the earning potential of each spouse,
and the opportunity for future acquisition of capital assets; (5) the health, both physical
and emotional, of each spouse; (6) either spouse's need for additional training or education in
order to achieve that spouse's income potential; (7) the non marital
property of each spouse; (8) the existence or nonexistence of vested retirement benefits for each or either spouse; (9) whether separate maintenance or alimony has been awarded; (10) the desirability of awarding the family home as part of equitable distribution or the right to live therein for reasonable periods to the spouse having custody of any children; (11) the tax consequences to each or either party as a result of equitable apportionment; (12) the existence
and extent of any prior support obligations; (13) liens
and any other encumbrances upon the marital
property and any other existing
debts; (14) child custody arrangements
and obligations at the time of the entry of the
order;
and (15) such other relevant factors as the trial court shall expressly enumerate in its
order.
Obviously, the mortgage lender needs the
property's mortgage lending value in
order to determine the maximum loan amount that can be provided, given the bank's maximum allowable Loan - to - Value (LTV) ratio
and minimum
Debt Coverage Ratio (DCR).
In
order to defer 100 % of the applicable depreciation recapture
and capital gain income tax liabilities, Investors must meet three requirements when structuring tax - deferred like - kind Exchanges: (1) Exchange or trade equal or up in value;
and (2) reinvest 100 % of the Investors equity (net cash proceeds from sale of relinquished
property);
and (3) replace any
debt with new
debt on the replacement
property.