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Sale of car which is joint asset

  • freeagain2011
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26 Apr 12 #326653 by freeagain2011
Topic started by freeagain2011
Hi,

I’m sure this has been answered before but I believe the stbx has sold the family car, ‘downsized’, and pocketed the change.
I dropped the kids off last night after contact and the family car was not at the FMH, the children said that Mummy has sold the car and bought a different one. I did not want to press them further.
The car was worth around 25K and was in her name – it was bought jointly in December 2010. It appears she has bought a little runaround, possibly for about 5K, so there’s quite a chuck of change there.
We are no closer to settling financially after separating 15months ago due to her being unable to buy me out of the FMH. She has made noises about issuing proceedings for a financial order but nothing has materialised.
My question is, should I get spun up about this sale or just write it off? It’s annoying because I’m still in temp accommodation – unable to host the children for regular weekend overnight stays – while she’s in the FMH – the money from this sale would’ve helped me rebuild.

Thanks, and have a good day

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26 Apr 12 #326664 by cookie2
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This will show up on her form E.

If she is not co-operating with the process for reaching a conclusion then you should apply to court.

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26 Apr 12 #326670 by freeagain2011
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True, but there''s not a great deal of equity in the FMH, certainly not enough to rehouse us both and therefore neither of us really have the appetite (or finances) for a lengthy and expensive court process.

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26 Apr 12 #326678 by cookie2
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Well you have a choice, if she will not voluntarily reach a financial agreement, you can either take court action or you can do nothing.

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