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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.


Personal Loans

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03 Dec 12 #369086 by Ceegee
Topic started by Ceegee
Hi,

I''m hoping someone maybe able to offer some advice. My partner and I both currently have outstanding debts and are thinking of consolidating this together into a single load in her name only that we both contribute to in terms of repayments. If we go down this route, is the new loan (that I will be responsible for paying over 50% of the repayments for) recognised by the courts when considering the financial settlement between my ex wife and I if it is my new partners name only? If it is not recognised, is there some sort of indemnity agreement that I need to provide my partner with that will be recognised by the court that will demonstrate that my debt still exists albeit in a new form?

Any assistance gratefully received!

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