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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.


Divorce without financial disclosure

  • N33DH3LP
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21 Jun 12 #338072 by N33DH3LP
Topic started by N33DH3LP
Hi,

If both parties are happy to agree on a financial split in divorce (e.g. x gets house y gets pension) do we still have to disclose all finances to the courts?

Just to add, both pensions are equal and there are four children involved, two from marriage and two with new partner.

Thanks!

  • Fiona
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21 Jun 12 #338076 by Fiona
Reply from Fiona
To dismiss any claims in the future you need a court order. If you can agree between yourselves a solicitor can draft the agreement in a Consent Order which is then submitted to the courts for ratification along with a simplified disclosure.

A judge is duty to ensure the order is "fair" i.e. complies with the law and he/she wouldn''t be able to do without any financial information.

Hope that helps. :)

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21 Jun 12 #338079 by N33DH3LP
Reply from N33DH3LP
Thanks, out of interest, if I disclosed my finances and my ex doesn''t disclose her finances will it end up costing me in court fees or would she have to pay any fees incurred in trying to get her to supply the info?

I am under the impression that before even receiving a court hearing the fees must be paid in advance. Is this right?

Thanks.

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