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Hi all.
I am currently going through a Divorce with the wife (soon to be ex).
We were married for Two years (up until separation) and have no children and no assets or even a bank account together.
I currently own a car (value approx £5k) and use it to get around for work and home. Unfortunately my car is probably on it's last legs, so have decided to get a replacement car of a similar value or less.
Whenever the divorce comes to a conclusion, will i lose the car? Will i have to split anything or pay her anything?
The car is the only thing i own and am worried. I need my car to visit clients and the office.
Can someone advise on whether i will lose the car? Or will i have to sell it and give half value to the wife? Will i have to pay anything else, even though it was a short marriage?
Any advice would be helpful.
Thank you in advance.
I am currently going through a Divorce with the wife (soon to be ex).
We were married for Two years (up until separation) and have no children and no assets or even a bank account together.
I currently own a car (value approx £5k) and use it to get around for work and home. Unfortunately my car is probably on it's last legs, so have decided to get a replacement car of a similar value or less.
Whenever the divorce comes to a conclusion, will i lose the car? Will i have to split anything or pay her anything?
The car is the only thing i own and am worried. I need my car to visit clients and the office.
Can someone advise on whether i will lose the car? Or will i have to sell it and give half value to the wife? Will i have to pay anything else, even though it was a short marriage?
Any advice would be helpful.
Thank you in advance.
