In A Financially Abusive Relationship?

Financial abuse is something that constantly flies under the radar, however, it is generally the main reason that people will remain in an abusive relationship, especially if they have children to support.

In a nutshell, financial abuse is when a person takes over or impairs another person’s financial independence and often stripping that person of their financial resources. Some examples include denying a person financial independence, withholding financial support which is needed to meet reasonable living expenses, coercing a person to relinquish control over assets and/or their income and prohibiting someone from working.

Being able to identify signs of financial abuse is essential because it has the ability to give a person time to either restructure their financial resources or financially prepare themselves to leave a relationship.

Approximately 15.7% of women and 7.1% of men will experience financial abuse in their lifetime.

If you are experiencing financial abuse, we recommend contacting our offices to apply for a domestic violence order. A domestic violence order will assist you in protecting your finances and enabling you to take your next step to establish your independence.

Call us on 07 3209 7744

This article was written by Abigail Pugh LLB at Madsen Law.

Latest Posts

Family Law

Subpoena Shock? 6 Steps to Protect Yourself (Especially for Businesses)

Discover six essential steps to protect your business when served with a subpoena, from marking deadlines to hiring expert legal help. Learn how to safeguard your sensitive information and effectively manage the legal process. Contact us for expert guidance and support.

Read More →
Family Law

Save Money During Your Property Settlement

Madsen Law has specialised in Family Law for over 20 years. We know Property Settlements can be emotionally charged and financially draining, but there are some very practical things you can do to streamline the process.

Read More →
Law Categories

Changes to the Family Law Act: Implications for Fathers

There will be significant changes to how parenting orders are made when the Family Law Act amendment comes into effect on the 6th of May 2024. Read the article to find out more and how this may affect you.
Two of the more significant changes are how the court determines what is in a Child’s Best Interest and the repeal of the Presumption of Shared Parental Responsibility.

Read More →
Family Law

Subpoena Shock? 6 Steps to Protect Yourself (Especially for Businesses)

Discover six essential steps to protect your business when served with a subpoena, from marking deadlines to hiring expert legal help. Learn how to safeguard your sensitive information and effectively manage the legal process. Contact us for expert guidance and support.

Read More →
Family Law

Save Money During Your Property Settlement

Madsen Law has specialised in Family Law for over 20 years. We know Property Settlements can be emotionally charged and financially draining, but there are some very practical things you can do to streamline the process.

Read More →