Property Settlement under the Family Law Act
If both parties have reached an agreement as to how the property will be divided, how can they be sure their agreement is binding and enforceable?
What happens when the parties are unable to reach an agreement about the division of property?If you cannot reach agreement with your spouse as to a property settlement then you need to file an application for property settlement in the appropriate Court. The majority of property settlements are dealt with by either the Federal Circuit Court or Family Court. There are ongoing opportunities for settlement of the proceedings after filing an application for property settlement in the Federal Circuit Court. Most property settlement applications filed in the Federal Circuit Court are settled without a decision being made by a judge. If a settlement is not achieved then the Court will make a decision as to how the property of the marriage should be divided after a hearing before a judge or other officer of the Court. Complex property settlement matters are dealt with by the Family Court.
We can Help
As lawyers, it is our job is to help you through the legal process as best we can. However, we realize that many of our clients will be unsure as to how to best manage their separation in the best interests of their children. Many have crucial needs that may not be about legal issues. You may feel you don’t have the information you need to support your children when making incredibly important decisions about their future during your separation.
No one should have to go through this alone. With Edwin Blakenship Law on your side, you won’t have to…