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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.

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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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Clean Break with Finances in a mess?

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30 Mar 12 #320869 by new2newport
Topic started by new2newport
Hello,

sorry if this is in the wrong forum. I need some advice please. Some things in this post are just for reference and I do not wish for others to comment on them unless it''s relevant to my question. Not here to be judged and can''t control anything that has or will happen. After all I was just the sperm donor (apparently)

My divorce came through a few weeks ago. Now respondents sol is requesting we sort finances. he has suggested that his client would like a financial Clean Break and has said he will draft up the documentation etc if I approve.

We currently owe around 50K after our house was repod and other loans on it. SO how does the repayment process work if we do a clean break?

I know they have asked me to contact them with a proposal and I also know they have hunted my ex down and are writing to her. Is she expecting to do a clean break and dump all the debt on me?

Also can I say I will only agree to it if she puts in that she won''t chase me for maintenance? Long story short she hasn''t since she left and I know that once it''s all over she will try to. She left me after I gave her 2 children, has already told me that she''s told the kids I am dead and wants the law to back her so that she can fleece me like a cash point to pay for her holidays etc. I will hang myself before that happens and I mean it.

Seeing as I haven''t seen my kids for years and if she gets her way I never will can I ask for her not to attempt any future CSA claims?

If not then I won''t agree to the clean break. It strikes me that someone who claims to be penny less suddenly wants this.. I was expecting her to be trying to get every penny out of me. Is she trying to hide something? Does anyone else smell a rat?

Thanks in advance for any comments you can give me. I can''t afford a solicitor. In fact I can hardly feed myself right now so i''m trying to deal with it myself..

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03 Apr 12 #321414 by jonathancj
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What is your income? What is hers? How long were you together? How old are the children?

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03 Apr 12 #321416 by new2newport
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Mine is sick pay so £244 a month. Her''s used to be about 17k not sure if it''s changed. together for 7 years married for 5 kids are 8 and 4

Sorry for some vagueness - we haven''t spoken for 3 years.

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06 Apr 12 #322082 by new2newport
Reply from new2newport
Thanks for the wonderful replies. I''ve actually gone bankrupt in the time it''s taken you lot to reply!

sorry but for the first time ever totally useless!

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06 Apr 12 #322089 by new2newport
Reply from new2newport
I don''t need this account any more I am divorced and now finances are sorted for me so please close it

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