How is the division of family assets addressed after the deduction of debt?
British Columbia, Canada
The following excerpt is from Barnard v. Barnard, 2016 BCSC 735 (CanLII):
The division of family assets must be addressed after the deduction of debt to ensure equity and fairness. Debts are considered in making the order for reapportionment: Karisik v. Chow, 2010 BCCA 548 at paras 59 -60.
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