One of the most stressful aspects of divorce proceedings is trying to divide the family assets between both parties. Any distribution made should fair and proportionate.
The following information is a basic outline of the court procedure used to achieve a financial settlement in a divorce and what factors are taken into consideration when this is accomplished.
Taking the case before a court
Parties will need to have obtained all the relevant financial information from each other prior to taking the case before a court. If this does not happen then either party is able to get 'Ancillary Relief'. Ancillary relief is the formal process of gathering and presenting all the necessary information required pre to a court hearing. The following procedure is normally used: