Messy break up issues

Discussion in 'Legal Issues' started by Beelzebub, 8th Feb, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
Page 2 of 2
  1. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

    Joined:
    18th Jun, 2015
    Posts:
    2,025
    Location:
    Brisbane
    Consent Orders filed in the Family Court are binding and much more affordable than a BFA, and with a Court Stamp on them to boot. <$3k A decent BFA will be double that.
     
    RPI, 9th Feb, 2016
    #21
    hobo likes this.
  2. Nemo30

    Nemo30 Well-Known Member

    Joined:
    31st Dec, 2015
    Posts:
    596
    Location:
    Somewhere
    As someone recently going through this, I would say butt out.
    It's stressful enough without third parties getting involved.

    Support your friend, but stay out of the asset division.

    I've found everyone has an opinion and it really isn't helpful, just causes more distress.

    I'm sure they are capable of working it out themselves, in which case they are making decisions with their eyes open. If they're happy with the split, that's all that matters.
     
    Nemo30, 9th Feb, 2016
    #22
    Terry_w, wylie and hobo like this.
  3. Joshwaaaa

    Joshwaaaa Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    470
    Location:
    Adelaide
    I would much rather come out of said situation with $5k then a mortgage I struggle to/ cant afford to pay.
     
    Joshwaaaa, 9th Feb, 2016
    #23
    Rugrat and Terry_w like this.
  4. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    5,572
    Location:
    Melbourne
    Maybe they went 5% deposit
    And being young they wanted a brand new v8 commodore with large wheels
    And managed to use the offset
    Or the valur of the prop fell
    Or they cobsolifated ddebts from a personal loan
     
    TMNT, 9th Feb, 2016
    #24
  5. Ted Varrick

    Ted Varrick Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    1,941
    Location:
    No Mans Land
    5k? C.u.t. l.o.s.s.e.s.
     
    Ted Varrick, 10th Feb, 2016
    #25
    Beelzebub likes this.
Page 2 of 2
Self-Managed Super – Super your way

PFI provide our clients with the opportunity to purchase an investment property, together with performing equity investments from a wide range of ASX listed securities some providing monthly income. This is the value of advice.