The UK's largest and most visited divorce site.
Modern, convenient and affordable services.
We've helped over 1 million people since 2007.

Click this button for details of our

email, phone nbr and free consultations.

How To Contact Us

Read our latest Financial Settlements guide (2021)

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.

Final hearing-settling before

Start
Prev
1
Next
End

jh2917
Posted by
Junior Member

29 Jan 12 #309197 by jh2917

Topic started by jh2917

I have been through the FDR with my ex, no agreement, but close. Can we come to settlement by exchanging offers before the final hearing and avoid such a costly time in court?

hadenoughnow
Moderator

29 Jan 12 #309201 by hadenoughnow

Reply from hadenoughnow

Yes. It is a good idea to do so. You can vacate the hearing if you agree.

Hadenoughnow

jh2917
Posted by
Junior Member

29 Jan 12 #309202 by jh2917

Reply from jh2917

I was hoping you would say that. Is very costly. So the whole final hearing can be avoided?

.Charles
Platinum Member

30 Jan 12 #309230 by .Charles

Reply from .Charles

Yep, often the amount that divides the parties is swallowed up by the cost of the final hearing. A compromise by both parties can see an early resolution to the matter and a saving for both parties.

Be warned though, preparation for the final hearing begins around a month before the final hearing. If you were to settle on the morning of the hearing you would still have incurred 90% of the costs from the FDR to the final hearing. If you settle a week before you would only incur around 70%. A month before and you incur 0% of the cost.

Charles

jh2917
Posted by
Junior Member

30 Jan 12 #309280 by jh2917

Reply from jh2917

Thank you so much Charles, much appreciated.

Julie

Start
Prev
1
Next
End

Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Shezi, Linda Sheridan, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.