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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.


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Final Hearing today NEW UPDATE

  • mightyredmen
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08 May 12 #329226 by mightyredmen
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Just returned from my final hearing. Court Order signed and sealed by District Judge.

After two years I finally have an outcome. :)

75:25 % split of FMH on mesher order with usual triggers. I get 25% of valuation of family home before selling costs. Ex has to bear these.

25% pension sharing order. CM to be calculated by CSA.

Clean Break order with no SM or futher claims.

Frustratingly this is what I offered at FDR but was rejected by ex. 3 weeks ago I offered 70:30 split, 25% pension sharing and £50 SM also rejected by ex!!. Bet she wishes she took that now.

  • somuch2know2
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08 May 12 #329228 by somuch2know2
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Nice!!!! Hope for us all.
Congrats mate

  • hadenoughnow
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08 May 12 #329229 by hadenoughnow
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Well done popoliv ... at last you can get on with your life! Have a VERY large glass of something to celebrate!

It is extremely common to find that FDR opinions and FH outcomes are similar. Happened in my case too ... only a shame I could not claim back the extra costs of the FH from him :(.

Hadenoughnow

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08 May 12 #329233 by mightyredmen
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Hadenough..same with me. My FDR offer same as final outcome but cost me another 2k to get there!

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08 May 12 #329236 by hadenoughnow
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2k!! Gosh you got off lightly ;).
It was an extra 12k for me ... shocking waste of money and no chance of comeback :(.

Total bill nearly £30k (me) and £20 (him - legal aid). :X

I did though "win" in effect ... if I had settled for what he wanted at FDR (as opposed to what the judge said was fair) It would have cost £20k.

Actually what he got was not only what the judge said at FDR ...but also pretty much what I had suggested first time I went to see the solicitor. That is what happens when you are dealing with someone who won''t negotiate, has a VERY awkward solicitor, and wants the judge to decide ... :huh:. He could have had his money, we could have saved the costs and perhaps now I could help my daughters out at uni ..


Hmmm...

Hadenoughnow

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08 May 12 #329239 by rubytuesday
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Delighted that this is now finally, at long flippin'' last, over for you Pop :)

I would love to have seen her face ;)

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08 May 12 #329240 by dukey
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Congratulations it''s always good to hear how it ended,it is a waste though in terms of costs, this could have ended at FDR without wasting the money and agreeing before judgment.

Still you have what you wanted and that is all that matters in the end.

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