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What are we each entitled to in our divorce settlement?

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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.

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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
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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
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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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