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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.

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.

Wish I''d found this sooner :) ....

  • crocus
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  • Junior Member
10 Jul 12 #342317 by crocus
Topic started by crocus
I''ve been separated for over 20 months. 30 year marriage that had never been ideal and deteriorated slowly as three kids grew up and left home. Faced with the unpalatable prospect of retirement with him, I took the plunge and explained that I felt it was time to divorce. I figured I may as well enjoy my later years. He took it well initially then fell into a fury which lasted months.

I moved out and contacted a solicitor early on. I wasted nearly 12 months trying to get full financial disclosure on a voluntary basis. form E was months late, and almost incomprehensible, with missing information (such as no savings accounts). Nevertheless enough was declared to show me that he had been hiding finances from me for years! Even so, just before the first hearing, one of his banks sent a statement for a savings account in his name to my address and I opened it in error.

I tried mediation, but he refused. I tried discussing financial settlements, but even without knowing all his finances, , he would only agree to what he proposed based on what he had declared, and disagreed with anything I suggested that didn''t match his suggestions entirely. I tried suggesting different asset divisions to move closer to his position, but he simply said no. Negotiation was just not possible.

I gave up and applied to the courts to get things moving more quickly through timetable, applying for IM, then FA, then FDR, with him slow-timing and being difficult all the way. We''re near the end, yet somehow I can''t see the light at the end of the tunnel. I think the process just drags on and on. It has also cost an Absolute fortune (money that I wasn''t aware that we had in the first place), with our joint costs now approaching £90K.

This wikivorce site seems full of helpful advice and people who understand, as well as forums to take your mind off things. Looking forward to getting to know it better :)

  • maisymoos
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  • Platinum Member
  • Platinum Member
10 Jul 12 #342341 by maisymoos
Reply from maisymoos
Welcome to wiki, better late than not at all. :)Although you are nearing the end of the court procedure your experiences may be really helpful to others. My case also ended at Final Hearing and yes costs were substantial but I can also say it was worth it. It really depends what the assets are that are in dispute, no point spending thousands over peanuts.

Wiki is a great place to bounce things off others.

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