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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.


Extremely worried

  • Louise11
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15 Nov 07 #6728 by Louise11
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Vail!!!!!

You can live on £2 per month surely? How extravagant are you? You need to curb your spending! Dont forget the 10% you are entitled too! Surely that will bring you some extra interest in a month that you can live on!

(Said "NOT" with tongue in cheek but down the back of my throat and choking!)

Kind ones
louise

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15 Nov 07 #6730 by TMax
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The best I managed when X left leaving debts by 5 fig sum me to pay it all off was £71.60 a month, this was bread, beans, peas, marg, dry pulses(soup mix) eggs, spuds and what ever was going very cheap at end of day sales ie meat that had run out day of that day used to cok it freeze it for later dinners hehe had one or two dodgy moments with some of the currys but always have a loo roll in fridge heheh. No social life for 5 years, free internet access due to job so chat rooms/web sites became my only form of being able to get myself out of sitting here alone, in the end its how I met my lots of nice people in simaler situations, also when I started to write my story and poetry to my web site. So it made me do things I probably would never of thought of doing, not saying it will be a thing for every one but it can be quite entertaining at times specialy when you get responses to a post.

Anyone want the adress of a dairy I write to quite happy to pass it on :-)

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15 Nov 07 #6732 by Vail
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Thank you Louise. I have figured how to do it. I simply go into a four month long coma three times a year and each time I wake up to stretch my bed sores I can have fish, chips and a cup of tea as a change from the intravenous drip at the hospital.


Sk Max,
I commiserate with you. I am in a similar situation but not to the same degree. Thank Goodness for sell-by dates!

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15 Nov 07 #6735 by Specialdad
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Hi all

A word of warning. School fees, life insurance and health insurance are not taken into consideration when maintainence for the kids is agreed on. So the financial situation can become very difficult. In fact a while back things became so bad financially my ex bought me a shirt, a pair of socks as mine had holes in them and now cooks me dinner once a week when I go over to meet the kids.

I would never have married or had children if I had my time again, if you are on average earnings it is a non starter and you can just about make ends meet for yourself.

Regards

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15 Nov 07 #6737 by Camberwick green
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Now there is the rub!

People are now frightened to have a family... its no wonder with financial hardship splitting causes, I myself have had it the opposite way round-no maintenance for me or my kids and they want to know why i won't work as a single parent, cos there is no financial benefits in it for me, but its depressing :(

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15 Nov 07 #6756 by soulmanuk
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i have £14 a month for me and two kids after the essentials have been paid. i work part time and get wtc. when i was working full time i was £26 a month and had to work another 80 hours a month to get that. that left me with no time to look after the house and kids. i have sacrificed the £26 to look after my kids (no nights out etc.) while the stbx is having a whale of a time going out and having holidays. she is stalling for a settlement because she doesn't want to lose the lifestyle she has now with her new OAP. unless you have an income of £25k a year you have no chance. you are lucky to get a job round here that pays you £14k. my household income as dropped from £26k to £10k but the bills are still the same. hopefully there is a light at the end of the tunnel but i cant see it yet i think the stbx has her fat arse in the way

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15 Nov 07 #6759 by loobyloo
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Dear dear soul
you have my sympathy i have the male version to deal with... sometimes on here might seem bias but i do know women can be awful too.
do you know my 8 year old boy said to me tonight... ill tell you... "mum are some women nasty in divorce or is it always men"
god hes 8..... i go with the victim and will support anyone who is honest with me
you take care sorry im no legal eagle and can only give you the benifit of my experience thus far
loobs x

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This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.


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