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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.

up the mortgage

  • fedup70
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17 Jun 12 #337258 by fedup70
Topic started by fedup70
Hi all, asking for a friend of mine, their name only on deeds of house and they pay mort, will need to up mortgage to help pay bills for solicitor, can they use the £20 grand they can get to pay for this ? will this go against them in when it comes to financial settlement ? if money left from this amount will they have to give stbx and of it? thankyou if you need more info just ask, they in desperate need .

  • dukey
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  • Moderator
18 Jun 12 #337318 by dukey
Reply from dukey
If your friend is married they need to speak to their solicitor first for advice, again if married their spouse may have registered a restriction to prevent them raising a charge against the property.

If married and their spouse agrees then its not a problem, but do bear in mind if this ends in court the judge will be aware of costs spent on lawyers by each side.

  • fedup70
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18 Jun 12 #337343 by fedup70
Reply from fedup70
thankyou, she is aware of him raising funds this way and all is ok, He is paying legal costs and she is claiming legal aid.

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