When most people think of family law cases, their minds turn to the dilemma of fairly dividing the family assets (in other words, “matrimonial property”): the house, the car, the pensions, perhaps the heirloom grandfather clock in the dining room. The flip side of the coin, however, is frequently less straightforward. What is the best approach to untangling not just the assets, but the liabilities?
Learn more about the legal implications around the sharing of debt in the article Till debt do us part: dividing liabilities, previously published in The Lawyer’s Daily, a division of LexisNexis Canada, by Laurence Klass, leader of our Family Law Group.