Question Details: I am in a de facto relationship. Does it make a difference if it was acquired while we were a couple, but before the de facto relationship technically commenced?
Filed under Family Law | 3775 View(s)
In some circumstances, a student loan may be classified as a "relationship debt", depending on what the money was used for. If the loan was used to fund shared living costs you may be liable for part of the debt. But it always depends on the circumstances.
You ask if it makes a difference whether the de facto relationship has "technically commenced". Remember - it doesn't take 3 years to start a de facto relationship! (For example, Work and Income will think of you as de facto right away!) Usually, relationship property law rights and obligations won't apply for the first 3 years, but they can in some circumstances. Check out the Community Law website for more information about relationship property law: www.communitylaw.org.nz
Answered 15 May 2012. The IMPORTANT NOTICE below is part of this answer.
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