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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.


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.


How do costs get paid?

  • Cornflake01
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10 Oct 15 #467869 by Cornflake01
Topic started by Cornflake01
Hi, I''m a self-repper because I spent £3k on a collaborative solicitor which didn''t get me anywhere and I''ve run out of money. I''m the respondent in the divorce but applicant in the financial order which goes to court in 2 weeks time for first appointment. Stbx is paying a solicitor and an accountant to do everything for him even though he has a failing business and low income. My question is, how will his extortionate legal costs be paid at the end of the court process? Will he be expecting them to be paid out of the joint pot before being distributed between us? If so, is it fair that he''s had support and representation against me and I''ve paid half of it? Is there a way around this?

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10 Oct 15 #467871 by Ebonee67
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I would imagine they pot will be distributed first and then he will take the costs out of his bit.
I''m not qualified in any way to advise but that to me seems the only logical way forward.
I am under the impression that each party is responsible for their own costs unless stated otherwise.

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10 Oct 15 #467872 by Cornflake01
Reply from Cornflake01
Thank you, I hope that''s the case!

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10 Oct 15 #467881 by .Charles
Reply from .Charles
It depends. Any outstanding fees at the end of the case will show as a debt which your spouse has to pay so it will be taken into account.

However, if you require a minimum sum from the matrimonial pot and your need if greater than that of your spouse then you are likely to obtain the amount that you need before any other distribution.

That is a simplistic way of putting it as there are many factors that need to be taken into account.

Charles

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10 Oct 15 #467882 by Cornflake01
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Thank you, much appreciated.

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