by seperated123  02/02/2014  389 Page Views
5 Comments  Family & de facto law, financial agreements, consent orders
Hi,

I was wondering if anyone could offer some advice on property settlement in QLD. My husband and I separated 11 months ago and property settlement hasn't been finalised. It is a small property pool, mainly consisting of 2 cars and a $40k debt.

Last week, he traded in his car (value $7000) for a brand new car, not sure of its value but estimating it to be worth around $35K. Does the new car become part of the property pool? And can he be forced to sell the new car to pay out the $40k combined debt.

Thanks,

:-)