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What happens to marital assets in a divorce by default?

In: Law & Legal Issues [Edit categories]

Answer:

It depends on the judge's ruling in the decree. In the absence of the respondant they may award it all to the petitioner - OR they may rule that a certain amount of the marital assets be escrowed for a certain length of time until all legal efforts to to find the respondant are exhausted.

First answer by Bob811. Last edit by Bob811. Contributor trust: 1153 [recommend contributor ]. Question popularity: 1 [recommend question].

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Relevant answers:

Why does divorce happen?
Money Affairs Desertion The children Not being in love Boredom of partners Unreasonable behaviour Lack of commitment to the marriage Lack of communication between spouses Infidelity Abandonment...
What assets will you get out of your divorce?
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If parents are divorce what happens to their possesions?
They make an agreement about who gets to keep what.
How do you fight a default divorce hearing?
States like to give those individuals that, for whatever reason, were unable to attend the divorce proceeding. That being said, there is typically a certain amount of time after the default judgment...
How does a default divorce work in Florida?
If your spouse has been notified of the pending divorce and fails to respond to the petition within the allotted 20 days, then you can petition the judge for a default judgment of divorce.