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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.

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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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buying my ex

  • delta123
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13 Jun 12 #336496 by delta123
Topic started by delta123
Re:buying out my ex
am 44 she is 46 been married for 20yrs been separated for 20mths divorce proceedings are at Decree Nisi since july last yr we have four children together she lives with two young ones l live with two older ones 21 n 18 she earns £35000.00 been paying full motgage for 1yr now since she left l have a part time job as l am a full time masters student and earn £15000.00 with benefits l might add another £1000 house is valued at £160000.00 balance of motgage is £122000.00 we have joint dbts of £5000 my pensions l dont know coz am parttime and its recent job hers l have no idea no other joint debts or major assets its the house its the house that we actually have that matters.l have £10000.00 cash now to buy her out and can afford another £5000 in 6mths

  • delta123
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13 Jun 12 #336497 by delta123
Reply from delta123
any help

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This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.

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