If there is a risk that your ex may sell, transfer or dispose of assets before a settlement is reached, your lawyer may advise applying for a preservation order. This legal measure prevents assets from being sold or moved, ensuring that everything remains available for division in the final settlement. Without this safeguard you could face significant financial loss if assets are hidden or depleted before the court finalises the property division.
Delays in property settlements can be frustrating, but taking immediate legal action can help prevent further complications. Whether through mediation or court interventions working with an experienced family lawyer will ensure your rights are protected and you receive a fair settlement in a timely manner.
For more family law advice like this, feel free to reach out to Genuine Legal for a consultation. Call us on (07) 2102 0641 if you need our assistance.