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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.


Consent order wording

  • Jenna29
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20 Mar 12 #319244 by Jenna29
Topic started by Jenna29
My stbx is getting the Consent Order drawn up by his solicitor this week. The settlement is that he is taking out a loan to pay me £10,000. He has proposed that the consent order say that this money is transferred and my name is removed from the deeds of the property on the same date as the court date (we would be applying for a Decree Absolute.) Would the judge accept this? Or would the finances need to be resolved beforehand?

  • dukey
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20 Mar 12 #319252 by dukey
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It''s very common for orders to state transactions will take place within x days of the Decree Absolute, so it''s no problem at all what he proposes.

  • Jenna29
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20 Mar 12 #319255 by Jenna29
Reply from Jenna29
Great, thank you.

  • Emma8485
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20 Mar 12 #319256 by Emma8485
Reply from Emma8485
Jenna I know you wanted it done and dusted but did you check that this was a good agreement for you?

xx

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20 Mar 12 #319258 by Jenna29
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Hi Emma

No I haven''t done any checking but do understand that the £10,000 is below what I could potentially get if I was to hold out. However, my ex did pay the deposit on the house and we weren''t married for very long so I don''t feel it''s fair to ask for more. Plus I need the money to help with my Uni fees, the last thing I want to do is not be able to complete my degree.

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20 Mar 12 #319260 by Emma8485
Reply from Emma8485
Ok chick as long as it isnt a bad deal for you and your daughter

xxx

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