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What are we each entitled to in our divorce settlement?

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Selling Assets

  • epitome title
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05 May 12 #328582 by epitome title
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Hi All

I am preparing for FDR (next week) and was just having a mooch about on Ebay - had a look at stbx''s profile and discover he is selling something that is included in the joint assets - it is just a piece of equipment and of no consequence really except that is part of his assets and looks like it might realise a few grand if not more.

It will sell and the auction ends in a couple of days. I have a feeling it may pay for his solicitor or a barrister however it should still be part of the pot.

Is selling such items which are considered to be in the pot something he should not do?

Be interested in your opinions

Kind regards

  • Lostboy67
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05 May 12 #328586 by Lostboy67
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Hi
Items objects, works of art, furnituer all form part of the assets of the marriage, usually though its not worth fighting over unless they are worth a significant amount of money (seen figure of £500 quoted).
I guess the bottom line is that yes it should be part of the pot, it really depends what he does with the proceeds of the sale.

LB

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05 May 12 #328591 by flowerofscotland
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Hi eptimome title,

If the purchase was made during your marital years and this can be proven, then it should all be included in the division of assets. Also, a judge will frown upon marital assets being sold or not declared without both parties knowledge, especially if there are children involved. He should have declared the item and his intentions at the start of the process, most definitely if it is of considerable value.

Take a copy of this item that is being sold on e-bay, you are entitled to your half, but be prepared for some cock and bull story from your X about how he had inherited it! They will try any old trick in the book, when it comes down to pounds, shillings and pence! This will only in the long term make your life harder if he is to reap the rewards of your jointly owned item by keeping all the proceeds to himself.

Good luck and don''t let him off with a thing!

Take care for now FoS x

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05 May 12 #328596 by epitome title
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Hi LB and FoS

It is a tractor :laugh:He was ordered to produce a valuation of all agricultural equipment but he has only produced an opinion of what he considers it all to be worth and of course in his opinion it is all broken, old and worthless - he forgets I have seen how much old trailers and agricultural stuff goes for on ebay, the old saying where there is muck there''s brass - he has bought and sold enough of it over the last few years.

But here is a tractor, all shiny and in such good condition - contradicted himself there then.

To be honest I couldn''t care less what it is worth, my attitude is that his actions and words don''t add up whereas I have been honest in everything I have said and done - I have to believe that the Judge will see through him and tell him how things really are once you get into the Court Room.

xx

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