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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.

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At my wits end,

  • cantwaittobesingleagain
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16 May 12 #330899 by cantwaittobesingleagain
Topic started by cantwaittobesingleagain
I really am at my wits end. I left TB a shortened version of That Ba***** two and a half years ago, divorce is done but not finalised as the finances have not been resolved.

House was worth 550,000 and is on the market, I have reduced it a couple of time and last week to 400K in the hope that it will sell. Today he has sent me a scanned image of a document from the Bank a formal demand letter, with a note from him saying the house will be repossessed in a couple of months. I have spoken to the Bank who tell me that this is very unlikely as it is on the market. But not impossible.

Why do men have to do this, (Sorry guys I know you are not all alike and women can be awkward as well) I have tried so hard to just get this whole sorry affair sorted out and to be able to live my life quietly why does he make it so difficult.
Is there ever light at the end of the tunnel.

  • WhiteRose
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17 May 12 #331180 by WhiteRose
Reply from WhiteRose
Hi,

Not all men are like this :unsure:

Is there a way either of you can pay some of the mortgage repayments to reduce the risk of repossession? How about changing to an interest only mortgage?

I imagine at £400k - there will still be some equity for you both? unlike if it was repossessed - hardly any - maybe nothing?

WR :S

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  11. At my wits end,

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