Hi,
I have borrowed money from my siblings to pay legal fees for a case I have against my ex-wife. I am thinking about returning family loan by borrowing some money from bank.
But will it be included in calculations when I will be settling the finance with my ex-wife?
Thanks in advance.
Hi There,
I think only debt that has been incurred while you were together would be considered in the settlement, so anything after split she wouldn't be liable for, I may be wrong on that but it would seem unfair for her to be liable for debts that were incurred after you broke up, in the same way if she ran up debts after you split, it would be unfair to expect you to cover.
If these debts were incurred while you were together then, I would include them in the financial disclosure and see if you can get them included.
The other option would be to claim costs against your ex through the case that is on going, this may not be possible if it has already started but would be worth checking, and again you may not be awarded them.
GTTS
Thanks for your reply. If that is the case then she should not be able to claim share in the money I have added to my pension pot since separation and apart from that I have also paid a loan which we took when we were together. I would like to add that we are living separately from two years now.
I don't think she is entitled to anything you have added to the pension since you split, but I agree with GTTS in that any loan you have taken out since the split will also not be included - you are generally expected to pay your own legal fees (as will your ex).