Interim Hearing Property Settlement - Interim Property Distribution
WHAT IS A FINANCIAL INTERIM HEARING?
At some point, usually either the first or second time you go to Court, your matter will be listed for an ‘interim hearing’.
What that means is that you will appear before the Court and be asked what Orders you would like on an interim, or temporary basis.
These are Orders that stay in place until they are discharged or until the matter comes to an end on a final basis.
WHAT ARE SOME EXAMPLES OF INTERIM ORDERS IN A FINANCIAL MATTER?
Some examples of interim Orders in a financial matter include orders for financial disclosure such as:
Providing bank account statements
Credit card or mortgage statements
Information about superannuation
Orders for valuations of assets to occur, if the value is being disputed between the parties or other orders that are designed to assist the parties move the matter forward to a resolution.
If parties need some money on interim to tie them over, sometimes the Court can order a small mutual distribution of funds if there are funds sitting in a trust account or joint bank account.
The Judge or Registrar at an Interim Hearing will not make orders that determine who gets what in a settlement.
That only happens on a final basis if the matter goes to a trial.
To prepare for an interim hearing, it helps to have some suggestions of what is in dispute in terms of the property pool and whether there is any missing information and ideas about how to get that information.
It may be helpful to have contacted some valuers who can value any item of property that is in dispute and to think about how else the matter can progress and what is stopping it from progressing.
Learn more from Cudmore Legal Family Lawyers Brisbane here - https://www.cudmorelegal.com.au/child...
