How are loans considered during a divorce?

[Thele]

Is a loan of X amount of made to a friend or family member considered a joint asset.

We had made sizable gifts and loans to my family members and friends. DH is offering me these loans instead of a share of the house, savings or pensions. For example: loans are worth £100, which he’ll sign over to me, v £60 if we were to divide our assets.

I completely agree with this! I don’t know the in’s and out’s to the reason for divorce or if your husband is wealthy but greed and trying to give more but in principle I think he’s entirely right to want to recoup some of the monies owed particularly if it impacts his financial stability - and it also sounds like it will impact yours too.

This money is owed to you and it’s significant. What consideration has the friends and family given you when they owe such substantial amounts. Out of interest, have the loans created animosity in your marriage and contributed to the breakdown?