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There is a duty of full and frank disclosure during financial proceedings, so as long as you disclose the information on your Form E there should be no problem.
What is the purpose of the loan?
If one spouse has incurred a debt and has had the sole benefit of the debt, then the court may regard this as one that the individual spouse should be responsible for, as part of any financial settlement.
Thank you for that.
Funding legal costs through credit is quite common in divorce cases.
If you use credit to pay for divorce proceedings it is shown as a “need” and is taken into account when dividing the matrimonial assets.
Options for loans include:
Yes these can be disclosed.