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divorce settlement
my brother going thru a divorce and is home just gone on the market his soon to b ex has informed her sol ictor that the mortgage is owed is 35,000 and house is worth 55,000 so thats 20,000 profit so 10,000 each but brother had it valued up for 53,950 and mortgage owed is 42,000 so that 11,950 profit so soon to b ex has told my brother she gets her 10,000 and brother gets the 1,950 could anyone tell if this right by law
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Well if she has a solicitor he will be sorting all that out. There is no set division of assets, it either has to be agreed by both parties or the Court decides. She could be awarded all of it ... it all depends on how long they have been married, are there children etc. etc. but if she is lying about the amount of the borrowing it should be quite easy to prove.
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