Having reported my wife to the police for domestic violence against me she has returned home from the police station packed her bags and left. We were due to go and see a mediation solicitor tommorow. This leaves me with a 9 year old at home to look after but my more immediate concerns are financial. Can anyone answer any of the following:-
I will really struggle to afford to pay bills on my own - will she still be abl to claim a large chunk of the house if I struggle to pay the mortgage for months and then she wants to sell?
I earn a good salary (about Â£45K + overtime of about Â£10K) but it will still not quite meet all of the bills - especially as I will not be able to work the overtime due to looking after my daughter. Are there any benefits I may be able to claim.
If she stays out of the house could I force her to sell as I can no way afford to buy her out (already have Â£300K mortgage on property of Â£500K).
If I look after my daughter whilst she is gone could I apply for my daughters residency to be with me because the mother left.
Anything I might have missed - I am new to this !!
IMHO , Just sell it , pay her off . With 45k + a year coming in you,ll be ok for a morgage on a property for you & your daughter ( I,m managing it on 28k pa & in the SE of England). OK it wont be to the same standard you are used to now but, thats divorce for you. Everyone has to make cut backs on both sides. The inportant thing to do now is to get your daughter & yourself away to somewhere safe. Good luck.
I,m sure if you waved the % of equity she,d get under her nose she,ll want it sold. If you have a 300k morgage on a 500k house . 60/40 in your favour as you have your daughter Would be 80k to her. More than enough to set her up again. Or even split it 50/50 100k each is plenty for you both & she,d more likely accept that .
If I were you I,d get to a family law solicitor PDQ & get the care for your daughter sorted out. Once you are the PWC things will work much more in your favour. This is just my honest opinion.
You should be able to get child tax credit on that income if your daughter is living with you. You won't get much (£40-50 a month I think) but it will be better than nothing. Also child benefit could be transferred to you if you are parent with care.