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What are we each entitled to in our divorce settlement?

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The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

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A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.

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can he come after my home

  • nichola
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  • New Member
17 May 07 #281 by nichola
Topic started by nichola
married 3 yrs he left 2 and a 1/2 yrs ago not seen since, left me with personal debt and large biz debt that he ran, but which had to put my name to in order for him to get finance etc. Eventually i had to dissolve the biz and had to raise 95% of the value of my house to clear the debts and entered into a VA which was accepted. I owned the house before i met him and the mortgage was allways in my own name i am now going for divorce do you think he has any claim on my home if he decides to turn me over again?

  • DownButNotOut
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18 May 07 #299 by DownButNotOut
Reply from DownButNotOut
You both have a claim to the marrital assets.

So if you now have equity in the house then he may have some claim over it.

All the relevant facts will be considered by a court or during negotiations for an out of court settlement.

So that fact that you owned the asset going into the marriage is a factor in your favour as is the fact that since the separation you have improved the financial situation.

But you may find that the outcome seems somewhat unfair.

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