By Andrew Banna, a Principal of Matthews Folbigg, in our Family Law Group. In the event of a divorce or separation, parties will need to arrange the division of assets and debts. There are a few different avenues that could be taken with a divorce lawyer to do this depending upon your unique situation. Such avenues may include:
- An agreement being reached between you and your former partner on the division of property without Court interference ; or
- An agreement by applying to the Family Court for consent orders; or
- The matter proceeds to Court and a Judge could ultimately determine the outcome of your case.
With guidance of a divorce lawyer you will be able to have a clearer understanding of the general principles under the Family Law Act that are deliberated in property settlement orders; thus enhancing your chance of receiving a positive outcome. [...]