hello
Can anyone advise if debt incured after separation can be included in financial settlement.
My x has now purchased a new car worth $80,000 and the debt is $97,000 (he got lots of "extras" apparently) and he has included this in the assest/debts spreadsheet as we are doing a financial settlement. Prior to separation he had a car with about $20,000 equity so has put the company in more debt. Car is in the company name.
thanks
Can anyone advise if debt incured after separation can be included in financial settlement.
My x has now purchased a new car worth $80,000 and the debt is $97,000 (he got lots of "extras" apparently) and he has included this in the assest/debts spreadsheet as we are doing a financial settlement. Prior to separation he had a car with about $20,000 equity so has put the company in more debt. Car is in the company name.
thanks
