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Read our latest Financial Settlements guide (2021) 

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.

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Documents after 1st solicitor appointment

  • julie321
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06 Oct 12 #359595 by julie321
Topic started by julie321
At my first solicitor appointment I was advised to get the following documents together

12 month bank statements
12 months salary slips
3 valuation for house
Redemption figure for mortgage

My question is as I have only just filed for divorce and there have been no discussions re finances, if this drags on will I have to supply an up to date set at a later date.

Just seems a waste of time to do it twice.

Thanks.

  • .Charles
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06 Oct 12 #359604 by .Charles
Reply from .Charles
The court cannot make an order until your financial position is known. In order for your solicitor to advise you on a settlement, s/he will need to know the same information. Also, your solicitor cannot advance any arguments for your entitlement with first ascertaining the evidence to back up any calculations for a split of the matrimonial pot.

Once proceedings are issued there is a duty to provide ongoing disclosure as the case progresses so you will end up having to refresh certain information the longer the matter goes on.

It is worth bearing in mind that without a few market appraisals and a mortgage redemption figure, how are you to know what is a reasonable settlement or not?

Charles

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06 Oct 12 #359605 by julie321
Reply from julie321
Thankyou Charles

It is just that she advised me to go to mediation and I didn''t realsise this information was required until and if we get to that stage.

I am quite willing to negotiate between us but stbx has someone else pulling the strings so not sure if he will agree.

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