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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.


Consent order wording

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26 Sep 07 #3950 by themindboggles
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The FMH is already on the market for above a year... over priced by ex who refuses to lower price, the estate agent wrote a letter recomennding a drop of £20k to a more realistic price, this wasnt addresssed by barrister... it was at repo stage as ex refuses to pay anything towards it and i have my own living costs....also ex isnt co-operative with the agents in allowing viewings, again this wasnt addressed. I was bullied into signing to say i would pay half mortgage till sale, told the sale would be put with the agents now and they would have control, but no wording to that effect. I feel totally intimidated and right back to square 1 with the ex living exactly where she wants and me having to pay for the privelidge.... I dont really now what to do!!

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06 Mar 09 #96057 by Young again
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Hi TMB,

Did you manage to sell the FMH and if not, how are you dealing with it?

There'll be more and more peeps in a similar situation now in the current economic climnate.

Kind regards,

YA

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06 Mar 09 #96086 by themindboggles
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Hi YA

Funnily enough there is a sale going throu as we type...LOL... almost at copmpletion stage so fingers crossed eh!!..

I did apply back to court to get a forced sale and with vacant possesion but a buyer was forthcoming before the proceedings so the case didn't go ahead... seemed a waste of money really!!..

I think luckily for me, EX finally realised with court date looming that a price reduction in line with the current climate was going to go in her favour... it got us a buyer and my life now moves swiftly forwards....

Good Luck everyone in a similiar position!!

TMB

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06 Mar 09 #96087 by Zara2009
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TMB

At long last, I am so pleased for you. Our stories were scarily similar. And, both ended up more or less in the same way. Having to threaten court to get them to comply.
This sort of thing just should not happen, the courts should make sure that people comply, perhaps a cheap and cheerful monitoring system put in place. Or just really really hard penalties for those that do not comply with the FIRST court order. It is such a common problem you would have thought that our wonderful legal system could deal with it.;)

Wish you all the best, and you can now enjoy your life.

One experience not to have to go through again eh?? :woohoo:

zara:)

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06 Mar 09 #96103 by themindboggles
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Bloody hope not... LOL
They should specify realistic time limitations in each order and then have a set route to follow.... EG:
12wks on with agent for £X... if nothing
12wks with agent at reduced price of £?
if still nothing Auction at reserve price as set by auctioneers....

That'll never happen, the judges and solicitors wages would depreciate by too much!!..

Take care Zara..!!

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06 Mar 09 #96174 by Young again
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HI TMB!

Thanks very much for the update. That is good news!

So it took about 2.5 years to finally sell? How long did you wait before feeling you had a reasonably successful chance of the court agreeing to a forced sale?

Sorry for asking these questions but I think they are running through many people's minds are your experiences would be followed with interest.

Kind regards and good luck!

YA

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08 Mar 09 #96692 by themindboggles
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It was more to do with numerous offers refused by ex before even being put to myself..... good offers at that, in fact it could have been sold almost 12 months ago!!.... All in all it was on market 2yr 3m when I applied back to court... and 1yr 3m after the CO was agreed and signed!!...
Im still not counting my blessings just yet as there have been many stoopid stunts pulled by EX so until the contracts are exchanged the champagnes in the chiller!!..

HTH

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