About to start financial proceedings...bit worried about what may happen. Advice appreciated.
H- 40
W- 43
His earnings about £24k (self employed...prior to separating gross income was 50k-60k.)
Mine- £16k...part-time (and get CB, WFTC of approx £700pm)
In
mediation it seemed that we have similar incomes taking into consideration benefits etc. He has no accounts for last 3 years apparently and was clearly making up figures in mediation. I was unpaid company secretary for 5 years but after he moved out he re-named company and is no longer Ltd company.
3 children (6, 9, 12)who live with me but see him every alternate weekend and midweek for overnight.
Value of house: £210K
Mortgage: £140K
No savings
Not sure how much debt ex has currently...he seems to live affluent lifestyle. He has rented flat but spends most nights in GF''s house.
I currently live in
FMH and have paid mortgage and bills for last 2 years. (But income too small to remortgage even with benefits etc). He pays £200 a month for all three children and does not contribute towards anything else. Currently refusing to re-mortgage with me which leaves me in nightmare situation.
Worried I may lose house and only stability kids have. Renting in area would be £1400.
Ideas? Advice? Suggestions?
Thanks in advance.