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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.

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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.

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  • thunderroad
  • thunderroad's Avatar Posted by
  • Junior Member
  • Junior Member
16 Nov 07 #6800 by thunderroad
Topic started by thunderroad
my stbwife has debts not savings or assets. Are they just going to strip me of my savings and transfer the home to her with a view to an equitable fiancial settlement that maintains her and the children? The two kids have been looked after by me and my income for the last two years, whilst she happily gambled away her wages, their savings accounts,20kin loans and 20k on credit cards.I'm sure that her solicitor will paint a picture of the poor innocent victim of addiction who is now reforming but needs to be given a chance.

  • DownButNotOut
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17 Nov 07 #6895 by DownButNotOut
Reply from DownButNotOut
You have given no detail of length of marriage, who will look after kids after separation and your respective salaries, so no chance that anyone can tell you what the outcome will be.

The court I believe will not take too much account of the gambling (neither favouring her nor punishing her for it).

They will be more concerned with looking forward at the needs of the kids( first/foremost) and you and her.

They will be concerned with the financial facts of how much you each earn.

The way you spent your money during the marriage is not really seen as relevant by the court. Who paid for what bills during the marriage is not that relevant.

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