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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Ex after Ltd Comp I set-up after divorce

  • ldnstb
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23 Mar 21 #516180 by ldnstb
Topic started by ldnstb
Dear Forum,
After divorcing from my former spouse I formed a limited company so that I could start a business and work for myself. I am not the only shareholder in the company, nor am I the only director. My ex believes that there is some hidden "pot of gold" in the business ( there really isn't). She is demanding bank statements and wants to know all sorts of things about the day-to-day of the company. I am resisting hading over any documents because I think she is not entitled to it. Company accounts have been filed but she refuses to accept anything other than bank statements. The other shareholders object to her getting this information. Am I on shaky ground here by refusing to hand over bank statements etc? Not sure how to proceed. Any advice would be appreciated.

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24 Mar 21 #516185 by Rickoshea
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To clarify you are divorced (i.e. absolute is granted?) but never completed any Consent Orders/ financial Clean Break alongside this? Or is there any financial order in place alongside the divorce?

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24 Mar 21 #516186 by ldnstb
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Yes absolute granted. There is a financial order in place. That order was put in place when I was employed on a full-time basis. I am no longer working all the hours that I did before so made an application for a variation. As a result of that application this issue with the limited company has come about.

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