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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.

hidden assets

  • stresseduk
  • stresseduk's Avatar Posted by
  • Senior Member
  • Senior Member
07 Apr 12 #322174 by stresseduk
Topic started by stresseduk
Hi, does anyone think that their x had been hiding money planning for the day they left.My x left in jan 2011.Two or three years before he left, he kept trying to make me agree to an interest only mortgage, then remortgage the house we have and buy another house to rent out or so he said. Over £60,000 pounds coming into the house with his salary, dla and my wages. We had no holidays, i,m in an old car, no home improvements, and a low mortgage of £399. He would not allow me a joint account and would not let me have access to bank statements. Does this sound familiar.:(

  • Fiona
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  • Platinum Member
  • Platinum Member
10 Apr 12 #322684 by Fiona
Reply from Fiona
Lots of people think their spouse has hidden money. Sometimes they are right, other times they chase a pot of gold that doesn''t exist.

What you can do is obtain financial disclosure and examine withdrawals from bank and savings accounts to trace undisclosed accounts. Also credit care statements may reveal extraordinary spending or payments from undisclosed accounts.

  • soulruler
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10 Apr 12 #322692 by soulruler
Reply from soulruler
I would say it sounds familiar as from the day my husband found himself in a position to exit he became extremely devious, we had joint accounts which he immediately ran up into considerable debt, we had joint credit card of which he was the main account holder which he cut me out of without telling me but the credit card was linked to the joint bank account so he ran up loads of debt solely on the credit card and then got me jointly liable for that.

He immediately cut me out of the two family businesses, cut off the house phone which was in his name, moved out with this girlfriend and left me with all the mortgage debt (and we had agreed to remortgage the house and invest the remortgaged money into a separate account - he later went off with all the remortgaged money in that account).

He was extremely deceitful on his financial e - so in short I think you are probably right.

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