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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.


spouse and child maintenance versus mortgage

  • shar10
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13 Jun 07 #772 by shar10
Topic started by shar10
Hi, any advice on my dilemma plz

Hubby earns 35-40k, im at uni with no income ony student loan and child tax. The mortgage is in joint names, but is very small, only owe 37k, so therefore mortgage payment only 283 pm. Hbby seems to think that it is acceptable to pay just the mortgage and no maintenance, says its one or the other. I cant see this being correct, can ayone else? Reason i say this is because, csa alone would want more than that a mth, plus theres the issue of spouse maintenance, and also, the morgage is joint, therefore he has a responsibility to that, regardless of anything else. Am i correct with this line of thought?

  • ChinUp
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13 Jun 07 #774 by ChinUp
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Shar
Have you been to see solicitor about this yet? Have already advised on this situation.

  • shar10
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13 Jun 07 #776 by shar10
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yeh i did chin up, went in yesterday, she said i cant serve petition as his in process, and she cant do anything regardin court for nterim maintenance until i get petition, a soon as i get that, she can get the ball rollin, so unitl then, im stuck. She also said it take a few weeks to sort that with court, so im stuck wih no money for ages, and csa have been informed, but gonna take about 12wk. grrrr

  • Athene
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14 Jun 07 #777 by Athene
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If you haven't already, go to the financial advisors or student support people at your university and ask if they are able to help with either emergency funds or a bridging loan. They should also know if you are eligible for any other funds. Meanwhile, ring the child tax credit people to see if you're entitled to more. Make sure the council tax payments are reduced as there's now only one adult in the house - you can do this at the local council offices.

You may have done all this already, of course.

Good luck!

  • shar10
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14 Jun 07 #778 by shar10
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Yeh ive done those things athene, just everything takes ages, ive been witin on child tax for 4wk now, but i think i should have this soon and they will backdate it.

Uni can lend me money, but have to pay it bk from sep loan, so im holdin off with that for now.

Sorted council tax, as im single, and at uni, im totally exempt.

Think ive done all i can do, but my income is only tax credit and child benefit, which totals 444 pm, my outgoings 1300 pm. Hubby used to give me 500 a week, so cant see me geting that from courts, but hey, who knows.

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14 Jun 07 #779 by shar10
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Yeh ive done those things athene, just everything takes ages, ive been witin on child tax for 4wk now, but i think i should have this soon and they will backdate it.

Uni can lend me money, but have to pay it bk from sep loan, so im holdin off with that for now.

Sorted council tax, as im single, and at uni, im totally exempt.

Think ive done all i can do, but my income is only tax credit and child benefit, which totals 444 pm, my outgoings 1300 pm. Hubby used to give me 500 a week, so cant see me geting that from courts, but hey, who knows.

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