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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.

Form E 2.9

  • Sazlei
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  • New Member
  • New Member
19 Aug 21 #517501 by Sazlei
Topic started by Sazlei
Sorry if this is the wrong place.
I’m in the process of filling out form E ,
please can somebody help with with the meanings of total liability and total current value of the interest in the liability sections please , my brain is completely dead !!
thank you

  • rubytuesday
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  • Moderator
20 Aug 21 #517504 by rubytuesday
Reply from rubytuesday
It means how much debt there is, and if that debt is a joint responsibility (you each have a 50% interest in), or the sole responsibility of the person named.

Total liabilities mean the total of the debt owed, and the current value of your interest will depend on what debts are joint, and which are either your responsibility or your spouse's.

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