When a marriage breaks down in Ireland and divorce or judicial separation proceedings are instituted the family home will loom large in considerations as for many couples it is the principal or only asset that they have.
(This is part of the family law series of articles)
The recent fall in property values has caused chaos in this regard though as many people see that there is nothing to divide up after paying off the bank.
Property adjustment orders
Courts can make property adjustment orders in separation or divorce proceedings; in fact they can also make preliminary orders in respect of the family home which are orders which predate the hearing of the legal proceedings.
Courts have the power to make the following orders:
I. The property to be transferred from one spouse to another or to another person
II. The reduction or extinguishment of any interest that a spouse has in the property
III. The settlement of the property to either spouse
Showing posts with label judicial separation ireland. Show all posts
Showing posts with label judicial separation ireland. Show all posts
Saturday, March 12, 2011
Marital Breakdown and the Family Home | BusinessAndLegal.ie
Sunday, February 27, 2011
Judicial Separation in Ireland-Grounds for Judicial Separation | BusinessAndLegal.ie
There are now two ways to legally end a marriage in Ireland-divorce and judicial separation. The Judicial Separation and Family Law Reform Act 1989 gives the Court wide discretion to make orders in relation to the granting of a decree of judicial separation.
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