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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.


Is this an option?

  • stressed1
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24 Jul 12 #344959 by stressed1
Topic started by stressed1
I have an order which stipulates the following:

AND UPON it being recorded that it is the wife''s hope that she will be able to raise alump sum to be paid to the husband and to secure his release from the mortgage on xxxxx (property address) and that thereafter the property will be transferred into her sole name.

If the lump sum amount is not indicated and I offer a fair lump sum according to the current value of the property, could this be my means of keeping a roof over my head for my children and I?

Thanks

  • WYSPECIAL
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24 Jul 12 #344961 by WYSPECIAL
Reply from WYSPECIAL
Seems odd that no figure or % is mentioned. Is a specific date mentioned and what will happen if you can''t pay a lump sum?

The idea of these orders IS to keep a roof over the kids heads so I wouldn''t worry about that.

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