How are the marital assets distributed pursuant to a divorce judgment?
After a divorce is over, the parties have to distribute the marital assets according to the terms of the judgment of divorce. In most cases, this is almost as hard to accomplish as it is to reach a divorce settlement. The bottom line is that after a divorce is over the parties are full of rage and hate for each other. Divorcing people is not an easy way to make a living. The parties and the lawyers should try to work out a reasonable plan to liquidate the marital estate, and to distribute the assets in an orderly and fair manner. However, this goal is rarely accomplished. Liens and judgments are filed. Mortgage payments are missed. Automobiles are smashed in accidents. If the parties can’t reach an accord as to how to distribute the marital assets, then a party may have to file an application for post-judgment relief. Many people are very naive and they believe that once the divorce is complete then their problems are over. In many cases, there is more work in the post-judgment aspects
After a divorce is over the parties have to distribute the marital assets according to the terms of the judgment of divorce. In most cases, this is almost as hard to accomplish as it is to reach a divorce settlement. The bottom line is that after a divorce is over the parties are full of rage and hate for each other. Divorcing people is not an easy way to make a living! The parties and the lawyers should try to work out a reasonable plan to liquidate the marital estate, and to distribute the assets in an orderly and fair manner. However, this goal is rarely accomplished. Liens and judgments are filed. Mortgage payments are missed. Automobiles are smashed in accidents. If the parties can’t reach an accord as to how to distribute the marital assets, then a party may have to file an application for post-judgment relief. Many people are very naive and they believe that once the divorce is complete then their problems are over. In many cases, there is more work in the post-judgment aspects