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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.


Would I get anything financially

  • Felixstowe
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02 Sep 12 #353457 by Felixstowe
Topic started by Felixstowe
Hi all hope you can help with this question as I''m unsure whether to I would be entitled to anything financially from my ex or even if it''s worth going for anything as now I just want the divorce done and sorted, I''m also not out to financially ruin him......a bit of background

I left 3 years ago and he stayed in the FMH (4 bedroom house) for a while with the children (I was still caring for them but not staying overnight), after 5 months or so I wanted my own place so asked for my half of the equity from the mortgage (£50''000) and purchased 2 bedroom property for me and the girls. I took nothing of value from the home just pictures, a bed but furnished my own house slowly over the last 2 years but did take my car. I have no pension, he has a couple of private ones but I doubt they have lot in them, I earn £25''000 with cb, tax credits and cm taken into account, he earns approx £40''000 with a company car with petrol included. I have no debts or savings (I''ve just used what savings I had to put a bathroom in my house) not sure about him now, he was never good with money so when I left he was about £5000 in debt and I honestly can''t see that changing. He does have a girlfriend who stays approx 5 nights a week but refuses to formally move in until we divorce but as soon as the divorce is through she''ll be in.

Hope you can give me an idea.

  • soulruler
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02 Sep 12 #353460 by soulruler
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you say you took out a mortage so are you free of the mortage on the original marital home?

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02 Sep 12 #353461 by Felixstowe
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Yes I''ve been off the mortgage for over 2 years now

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02 Sep 12 #353465 by soulruler
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I would talk to him an assure him that you are not interested in even thinking about claiming an interest in his new partners finance.

I would ask him to agree to a divorce based on two years separation and a Consent Order and that be the end and you both move on with your lifes.

Sounds like he has an interest in making that a reality and that he is worried that you might make waves and make his financial life difficult.

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02 Sep 12 #353467 by Felixstowe
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Thanks, the divorce is already going through with him instigating it based on 2 years separation and I''ve consented, should have the Nisi in a couple of weeks so it''s just the financials if any to sort out.

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