The appellant wife appealed a trial decision regarding the equalization of net family properties.
The primary issue was whether the trial judge erred in law by failing to deduct a line of credit, secured by a collateral mortgage on the matrimonial home, from the respondent husband's date of marriage assets.
The Divisional Court held that under the Family Law Act and the test in Collier v. Torbar, a debt must be incurred to acquire, maintain, or improve the matrimonial home to be exempt from deduction.
The court adjusted the equalization payment to account for this error, as well as omitted assets including a vehicle and a generator, increasing the payment owed to the appellant to $96,462.41.