Oregon law requires both Petitioner and Respondent to obey a restraining order preventing either party from dissipating (selling, destroying, removing, disposing of) real or personal property, making unilateral (without the agreement of the other party) changes to insurance policies, and making extraordinary expenditures. Expenditures that are necessary for the safety or welfare of the parties are not prohibited. You must attach a copy of the Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Actions to the Summons and serve it on the Respondent.
A Gresham Oregon Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Action is a legal document issued in the state of Oregon to prevent one party from disposing or transferring assets in a domestic relations case. This restraining order serves to maintain the status quo and ensures that both parties have an equal opportunity to access and divide marital assets during divorce proceedings or other domestic disputes. In a dissolution of marriage or legal separation case, the Gresham Oregon Notice of Statutory Restraining Order may include various types, such as: 1. General Restraining Order: This type of order applies to both parties involved in the domestic relations action and generally prohibits them from selling, transferring, or otherwise disposing of any marital assets without the consent of the other party or a court order. It may cover assets such as real estate properties, vehicles, bank accounts, investments, or valuable personal possessions. 2. Business Assets Restraining Order: In cases where one or both parties own a business together, this specific type of restraining order prevents them from taking actions that could harm or deplete the value of the business. It may restrict the sale or transfer of business assets, the opening or closing of business bank accounts, or changing the structure of the business without written agreement or court approval. 3. Retirement Accounts Restraining Order: When a couple has retirement accounts, such as 401(k)s or individual retirement accounts (IRAs), this order prevents either party from withdrawing, borrowing against, or transferring funds from these accounts without proper authorization or judicial consent. It safeguards the value of these retirement assets until the court decides how they will be divided. 4. Real Estate Restraining Order: This type of restraining order focuses solely on marital or jointly owned real estate. It prohibits either party from selling, creating liens, or otherwise transferring any interest in the property without the permission of the other party or a court order. This ensures that the property remains intact and available for equitable division during the divorce or separation process. 5. Bank Accounts/Cash Assets Restraining Order: This order restricts both parties from making substantial withdrawals or transfers from joint accounts or other cash assets to prevent dissipating marital funds. It aims to maintain the financial stability of both parties and ensure a fair distribution of funds during the domestic relations action. It is essential to consult with an attorney or legal professional to understand the specific details and implications of a Gresham Oregon Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Action. Compliance with such orders is crucial as violating them may result in contempt of court charges and other legal consequences.A Gresham Oregon Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Action is a legal document issued in the state of Oregon to prevent one party from disposing or transferring assets in a domestic relations case. This restraining order serves to maintain the status quo and ensures that both parties have an equal opportunity to access and divide marital assets during divorce proceedings or other domestic disputes. In a dissolution of marriage or legal separation case, the Gresham Oregon Notice of Statutory Restraining Order may include various types, such as: 1. General Restraining Order: This type of order applies to both parties involved in the domestic relations action and generally prohibits them from selling, transferring, or otherwise disposing of any marital assets without the consent of the other party or a court order. It may cover assets such as real estate properties, vehicles, bank accounts, investments, or valuable personal possessions. 2. Business Assets Restraining Order: In cases where one or both parties own a business together, this specific type of restraining order prevents them from taking actions that could harm or deplete the value of the business. It may restrict the sale or transfer of business assets, the opening or closing of business bank accounts, or changing the structure of the business without written agreement or court approval. 3. Retirement Accounts Restraining Order: When a couple has retirement accounts, such as 401(k)s or individual retirement accounts (IRAs), this order prevents either party from withdrawing, borrowing against, or transferring funds from these accounts without proper authorization or judicial consent. It safeguards the value of these retirement assets until the court decides how they will be divided. 4. Real Estate Restraining Order: This type of restraining order focuses solely on marital or jointly owned real estate. It prohibits either party from selling, creating liens, or otherwise transferring any interest in the property without the permission of the other party or a court order. This ensures that the property remains intact and available for equitable division during the divorce or separation process. 5. Bank Accounts/Cash Assets Restraining Order: This order restricts both parties from making substantial withdrawals or transfers from joint accounts or other cash assets to prevent dissipating marital funds. It aims to maintain the financial stability of both parties and ensure a fair distribution of funds during the domestic relations action. It is essential to consult with an attorney or legal professional to understand the specific details and implications of a Gresham Oregon Notice of Statutory Restraining Order Preventing the Dissipation of Assets in Domestic Relations Action. Compliance with such orders is crucial as violating them may result in contempt of court charges and other legal consequences.
