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fair expectations / kids maint'' / self employed...

  • Fifi100
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16 May 12 #330917 by Fifi100
Topic started by Fifi100

I''ve used the Divorce Calculator so I have an approximate idea of what settlement might be agreed but I wondered what the score was with regards to the following please:

1. child maintenance: Kids are both under 5 at the moment -as they get older they will eat more, attend more clubs etc -does this get factored into CM arrangments?

2. Business: I relocated 100s of miles in 2002 with stbxh as he was setting up his own business -he is now successful but separated from his previous business partner whilst we have been not living together / but still married -obviously we always planned to enjoy the spoils together. I have supported him financially whilst he was setting up -would this be taken into account -can I push for it to be factored in?

3. FMH -he has stated that the house and contents is all to be handed to me. I cannot afford the mortgage alone -is there a way that he can remain on the mortgage / deeds but the house be contracted to me? I really don''t want to have to move as it would unsettle the children and me and would in all probability mean that I would be forced to relocate nearer to my family.

4. He has at present informally offered me £2,500.00 pcm and to pay off credit card debts of approx. 7K....

Is this fair?

FMH: £220K mort £169K
Car (me): £9K
Him wages: min £5K pcm (+expenses, dividends)
me wages: £520.00 pcm (+ child benefit £134.00 pcm)
Marriage: married 6 years together 10
Children: 2 under 5 -one at school one in private nursery when I am at work -childcare costs @£500-600pcm
Debt him: @£7K
Debt me: £7K (credit card that we both used -his credit was bad) & student loan £7K & £2K overdraft (again run up when business folded)
His business: one he has just left / split was worth £800K-1mil and he had 40% interest -he has recently started up on his own but with the staff he harvested from previous company so already bringing in revenue and all systems in place.

No pensions.
No savings -I ploughed all my savings @£45K into the house rennovations and the failed business (2008 not the one he has just split)... plus I put down 100% of the deposit for the FMH which we purchased in 2008.

I just want to make sure that I am getting what I am due -I know that sounds money grabbing but I really invested my whole self and all my finances into this relationship and do not want to be left scrimping and saving when I could have pushed for more.

Thanks - F

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