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16. Protecting Assets and the Family Home in Financial Order Proceedings

This chapter discusses whether a client can protect assets in financial order proceedings, the provisions of s37 Matrimonial Causes Act 1973, and the availability of ‘home rights’ under the Family Law Act 1996. Section 37 MCA 1973 assists the parties and the courts in preventing the disposition of any assets by either party to the proceedings. An order can be made preventing a party from making a disposition with the intention of defeating the claim for financial relief or an order reviewing a disposition that has already been made. The procedure for this is discussed, along with the fact that the family home is generally the largest asset in financial proceedings.