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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.


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04 Apr 12 #321543 by julie321
Topic started by julie321
Is it possible for a dispute over percentages in the financial split to be swallowed up with fees.

My stbx is wanting 10% more than I think is reasonable another 18,000. If it went to court could it cost this much in costs?

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04 Apr 12 #321551 by .Charles
Reply from .Charles
I work on the basis that the cost from the end of the FDR to hearing to the end of the final hearing is around £10,000 (each). So, yes - the amount in dispute can be hoovered up by legal fees.

Whether your offer of his offer is reasonable is an issue for your solicitor to advise upon.

Charles

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04 Apr 12 #321552 by julie321
Reply from julie321
Thank you Charles

Maybe to meet in the middle may be the best choice.

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04 Apr 12 #321622 by .Charles
Reply from .Charles
If you can, that would save a lot of heartache. The stress of going through proceedings can have quite a profound effect on a lot of people - it is not a pleasant experience.

Charles

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04 Apr 12 #321626 by julie321
Reply from julie321
You are right Charles. There is not in my opinion that much to fight over. House is valued at 180000 with 20000 outstanding on mortgage. I have a pension in payment of 6900 per annum and he has CETV of 70000.

I will have to see what he says to 9000 extra.

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