 |
Can interest be charged following a divorce in the UK if part of the settlement is still outstanding? |
Answer
It depends if it involves a business, property. If it's just a straight divorce and settlement your lawyer should have made arrangements as to when you received the settlement. If there is a business or property involved this can get you involved with taxes as well. It's best you seek legal counsel if this is the case. If it's the usual divorce and only has a flat or house and the contents of either, then you can't charge interest on this.
Answer
UK: The usual procedure is that an application is made for the division of joint marital assets (Ancillary Relief), this runs alongside the divorce proceedings and, usually, once everything has been ironed out then the Decree Absolute (Divorce) is granted. There should not, in theory (!!!), therefore be any outstanding matters
|
|
|
First answer by Marcy. Last edit by Snowy. Contributor trust: 173 [recommend contributor]. Question popularity: 121 [recommend question]
|
Research your answer: |
Can you answer other questions about marriage and divorce laws?
|
|
Answers.com > Wiki Answers > Categories > Law and Legal Issues > Divorce and Marriage Law > Can interest be charged following a divorce in the UK if part of the settlement is still outstanding?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
