A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

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Should I close our joint banking accounts at the outset?

Should I close our joint banking accounts at the outset?

Many couples do not make any changes to their banking arrangements until financial negotiations are well advanced.
But if there is a risk that large sums may be drawn out - or if there is a risk that credit or charge cards may be used inappropriately - then it may be safer to take action to prevent this.
The danger is that if an account or credit card is suddenly frozen, solicitors may be involved immediately to ask for maintenance arrangements to be set up - perhaps through the courts. This may be an unforeseen and costly consequence.
Much depends on whether you can trust each other enough to leave things as they are. If you need to rearrange the accounts on separation we recommend that you try to agree those changes first. Think about mediation.

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The modern, convenient and affordable way to divorce.

No-Fault Divorce £179

We provide the UK's lowest cost no-fault divorce service, managed by a well respected firm of solicitors. 

Online Mediation £250

Online mediation is a convenient and inexpensive way to agree on a fair financial settlement.

Consent Order £259

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

Court Support £250

Support for people who have to go to court to get a fair divorce financial settlement without a solicitor.