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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.


Update.....

  • mbird
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02 Sep 12 #353338 by mbird
Topic started by mbird
Well I said I would let you know what the outcome of my offer was- obviously not accepted, shock! Her solicitor said that they need a fixed nominal order to pay off the debt for the conservatory in the house she lives in, even though, if and when she goes back to work her income will be more than mine!!
I do want this settled, but she is taking the Micky, house, equity,car, and 25% of my pension and cm. That''s no enough for her she wants this nominal order, would be easy to agree but I don''t see why I should as when she goes back to work (when she no lo ger needs legal aid) then her income will be several hundreds more than mine!
I think her solicitor is trying it on?? Whadda you reckon dukey?
Also her solicitor keeps on about me sending more bank statements, I sent the ones up to when I filed form E in may, but because they filed late and provided more, why should I? I did as I was supposed to, and on time!!

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02 Sep 12 #353341 by dukey
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If a nominal order is the only sticking point i would let her have it, in fact some judges insist on them in some circumstances.

The fact is nominal order rarely become a full order, what do you earn per month? net after tax ect?.

  • MrsMathsisfun
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02 Sep 12 #353344 by MrsMathsisfun
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Are they asking for a nominal amount eg £1 to keep the possibility of sm open or are they asking for a contribution of the costs of the home improvement?

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02 Sep 12 #353346 by mbird
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Thanks dukey. Do you think £5 a month to her is ok? I take 1900.

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02 Sep 12 #353347 by MrsMathsisfun
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A nominal order is usually something like a £1 a year and you dont actually pay it!

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02 Sep 12 #353348 by dukey
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£5 per month is not a nominal order! a nominal order is usually .50p or £1 per YEAR and you don`t actually pay it, its simply a way of leaving the door open for a claim should it be needed and of course you can afford to pay.

If they are asking you to pay for a conservatory or whatever it is that is not a nominal order, but if five quid per month ends the matter i would take it.

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02 Sep 12 #353351 by mbird
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Sorry I got it wrong, oops! This is the cut and paste of what they want:
This can be done by a fixed maintenance order, not to be varied, and to expire at a fixed time.

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