Can my ex get my money after divorce?

Can my ex get my money after divorce?

In the case of a marriage each party has 12 months from the date of a divorce to file a claim with the court. In the case of a de facto relationship each party has 2 years after the date of the separation to file a claim with the court. In that situation they can also bring a claim for property settlement.

Does divorce lead to poverty?

Between 19, National Longitudinal Surveys data showed that approximately 44 percent of women fell into poverty after a divorce. Divorcing or separating mothers are 2.83 times more likely to be in poverty than those who remain married. Following a divorce, women are more likely to be impoverished than men.

How is credit card debt divided in divorce?

How is debt dealt with after divorce or separation? Debts are dealt with in a property settlement which outlines how assets and debt will be divided. A property settlement can be negotiated outside of court, or if a couple cannot come to an agreement then a court can determine a property settlement for them.