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Can I delay Finanical Order due to COVID19

  • jaseyb257
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06 Apr 20 #512042 by jaseyb257
Topic started by jaseyb257

Me and me STBX came to a agreement and made a Financial Order back in Sept 19, well before the COVID19 outbreak. The FO was made in very different financial circumstances. The settlement meant I was to pay her a lump sum. This was made up of a buy out, my savings and some from my own business. I am due to pay her in a few weeks.

However, my savings have taken a tumble and my business is suffering (no income as we deal with verious clients that are either closed or no longer trading). I am concerned that if I top up the shortfall from my savings using company money, I am putting my business at risk as we do not know how long this event will last.

I have emailed the court to have the FO delayed but they are not operating too well and have just responded with "we'll put a note on file".

Part of the FO was that if I did not pay on the due date, the house would be put up for sale but I am not too worried about that at this time as no-one is going anywhere !

It is vital that I protect my business as it is my income for me and my children (who do live with me) - I was the one that was left, not did the leaving.

Just looking for any input, suggestions, I guess re-assurance as quite stressed with the dealine approaching !

Thanks and stay safe.

  • hadenoughnow
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06 Apr 20 #512044 by hadenoughnow
Reply from hadenoughnow
Has the order been stamped by the court? If it has not, you can withdraw consent. Without consent there can be no Consent Order.

We are yet to see how the courts will treat the impact of Covid 19. For now, I would suggest that any Consent Orders are stalled until the dust settles a bit.


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