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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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  • jenny123
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18 Mar 09 #99924 by jenny123
Topic started by jenny123
Hi

Just to keep you updated, we went to second joint mediation yesterday. I really thought we would be able to agree as we're very close to settlement but the ex went in yesterday and has now changed his mind on what we had previously agreed.
We had agreed I keep FMH giving him £20k deposit to buy new place, he keeps investment property we bought 2 1/2 yrs ago with a small % coming to me when sold as it was bought with future pension in mind. He now says I'm not having any interest in the flat unless he gets a charge over fmh as well as £20k. He has continually refused to get the flat valued and says there no equity now but when I've spoken to estate agents I'm assured there is a bit of equity (assuming you can find a buyer of course). We're really agueing over a very small amount and my gut feeling is to cut my losses and accept the deal but I have doubts and once the deal is made there's no going back so I know I need to be happy with it.
I would like to mention he refuses to pay any spousal maintenance or even consider a small amount until I get on my feet even though he earns 7 x's my income and he's living with the OW.
I feel I'm back to where I was over 23 yrs ago when we bought our first home and struggling financially when He's sitting pretty with a good job, big income and nice rental income from a property which was bought for both our futures.
I've got 3 days to make up my find or the ex has threatened to start court proceedings.

I know reading alot of the forums and blogs on here, some men seem to get a raw deal but I think the ex has come out of this in a far better position than me even if I'm getting the larger % of assets as he's in a much better position than me, free to do as he chooses, I feel as if I have no choice.

Jennyxx

  • Bobbinalong
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18 Mar 09 #99927 by Bobbinalong
Reply from Bobbinalong
jenny, read your post and I have been in the same position, I think its a tactic solicitors use to be honest, I was threatened with either accepting a daft % split of she will keep house under a mesher. I had to weigh up the pros and cons of the offer andmake my best judgment, but very much same as you,
At the end of the day its worth an amount to be rid and move on, many would say and there is something in that, sounds like your stbx might be as stupid and stubborn as mine and they believe they might acheive what they go for the only satisfaction you might get is seeing their faces when the judges gives a decision and there face drops, but this will cost you £5K.

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