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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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  • goldeneye
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27 Nov 07 #7919 by goldeneye
Topic started by goldeneye
she has been living in rented accommodation with tax credits to help pay for the rent and no she does not have mortgageability.

surely she cannot take over the house as she cannot afford to run it as she is only part time.

As her name is on the house am I able to sell it???

  • attilladahun
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27 Nov 07 #7921 by attilladahun
Reply from attilladahun
Clearly you would have to get agreement to sell the house as she will have to sign the contract and transfer.

If she refuses to sell you can apply for an order for sale under the Trusts of Land Act 1996 or seek a property adjustment order in divorce proceedings.

The division will be decided by a number of factors set out in s 25 of the Matrimonial Causes Act. 1973.

25.
Matters to which court is to have regard in deciding how to exercise its powers under ss. 23, 24 and 24A.
— (1) It shall be the duty of the court in deciding whether to exercise its powers under section 23, 24 [F2 , 24A or 24B] above and, if so, in what manner, to have regard to all the circumstances of the case, first consideration being given to the welfare while a minor of any child of the family who has not attained the age of eighteen.
(2) As regards the exercise of the powers of the court under section 23(1)(a), (b) or (c), 24 [F3 , 24A or 24B]above in relation to a party to the marriage, the court shall in particular have regard to the following matters—
(a)
the income, earning capacity, property and other financial resources which each of the parties to the marriage has or is likely to have in the foreseeable future, including in the case of earning capacity any increase in that capacity which it would in the opinion of the court be reasonable to expect a party to the marriage to take steps to acquire;
(b)
the financial needs, obligations and responsibilities which each of the parties to the marriage has or is likely to have in the foreseeable future;
(c)
the standard of living enjoyed by the family before the breakdown of the marriage;
(d)
the age of each party to the marriage and the duration of the marriage;
(e)
any physical or mental disability of either of the parties to the marriage;
(f)
the contributions which each of the parties has made or is likely in the foreseeable future to make to the welfare of the family, including any contribution by looking after the home or caring for the family;
(g)
the conduct of each of the parties, if that conduct is such that it would in the opinion of the court be inequitable to disregard it;
(h)
in the case of proceedings for divorce or nullity of marriage, the value to each of the parties to the marriage of any benefit F4 . . . which, by reason of the dissolution or annulment of the marriage, that party will lose the chance of acquiring.
(3) As regards the exercise of the powers of the court under section 23(1)(d), (e) or (f), (2) or (4), 24 or 24A above in relation to a child of the family, the court shall in particular have regard to the following matters—
(a)
the financial needs of the child;
(b)
the income, earning capacity (if any), property and other financial resources of the child;
(c)
any physical or mental disability of the child;
(d)
the manner in which he was being and in which the parties to the marriage expected him to be educated or trained;
(e)
the considerations mentioned in relation to the parties to the marriage in paragraphs (a), (b), (c) and (e) of subsection (2) above.
(4) As regards the exercise of the powers of the court under section 23(1)(d), (e) or (f), (2) or (4), 24 or 24A above against a party to a marriage in favour of a child of the family who is not the child of that party, the court shall also have regard—
(a)
to whether that party assumed any responsibility for the child’s maintenance, and, if so, to the extent to which, and the basis upon which, that party assumed such responsibility and to the length of time for which that party discharged such responsibility;
(b)
to whether in assuming and discharging such responsibility that party did so knowing that the child was not his or her own;
(c)
to the liability of any other person to maintain the child.]

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