630-393-3111
4200 Cantera Drive, Suite 200 | Warrenville, IL 60555
Naperville Attorneys for Freezing Assets in Divorce
DuPage County Hidden Asset and Property Division Lawyers
In many divorce cases, there is little danger in one partner wasting or misusing marital assets for his or her own gain. Generally, despite their differences, spouses still maintain some level of trust and civility. Should a breach in trust occur, however, your assets must be protected. At Calabrese Associates, P.C., we help you look after your property and your rights no matter what challenges may lie ahead.
Petitioning to Freeze Assets in Illinois
With your divorce petition, or in your response to your spouse's petition, you can request a temporary restraining order to prevent the inappropriate spending or disposal of any property. Our attorneys will assist you in recognizing the need for such an order and presenting the motion to the court.
If an order is issued, you and your spouse may not transfer, use, conceal, or otherwise spend any marital or non-marital assets without permission from the court or the other party. Normal, everyday expenses are not included, as the law recognizes the need for each spouse to continue daily living. You will still be permitted to pay your mortgage, buy groceries, and make insurance premium payments, but putting a down payment on a new home or car requires notification. Similarly, the order may prevent you from changing account beneficiaries or estate planning documents until the divorce judgment is finalized.
DuPage County Attorneys Helping You Move Forward
When your spouse attempts to hide assets or wastes them inappropriately, your divorce settlement may be severely impacted. An accurate accounting of all marital and non-marital property is needed to ensure the division of property process can be completed equitably. Hidden and dissipated property—such as money lost to gambling, substance abuse, and extramarital affairs—can unfairly tilt the proceeding in favor of one spouse. A temporary restraining order may be your best option for protecting yourself and your property.
Freezing assets helps to maintain the integrity of the process as well as the marital estate. Any violation of an order to freeze assets is extremely serious and subject to sanctions and penalties by the court. If you believe the other party is acting in violation of a temporary restraining order, our team is prepared to help you take the appropriate action.
Contact Our Naperville Divorce Lawyers
The team at Calabrese Associates, P.C. has more than 40 years of combined family law experience, and we are equipped to assist you with any questions related to divorce. To learn more about temporary restraining orders for the purposes of freezing assets, contact our office today. Call 630-393-3111 to schedule an introductory meeting with one of our skilled attorneys. You will have the opportunity to discuss your case for 90 minutes with our team, allowing us to gather all the information we need to get started on your behalf. We are proud to serve the communities of Warrenville, Naperville, Aurora, Glen Ellyn, Downers Grove, Carol Stream, and throughout DuPage, Kane, Will, and Kendall Counties. Se habla español.