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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.

 

Divorce

  • SPRINGButterfly
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18 Jan 24 #522306 by SPRINGButterfly
Topic started by SPRINGButterfly
Hello

looking for advice about financial settlement from Divorce or most importantly best outcome for me re house

Been living together for 20 years married 12 and have 3 children 14, 11 and 4
Now seperated he has left the family home long story not an amicable split.

We own a small 3 bedroom house worth approx 260000 with a mortgage of 125000 and 25 years left to pay on it

He is recently self employed and I work part time 2 days a week.

No savings and no debt be He has a fairly good pension but im not sure what its worth.

  • WYSPECIAL
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18 Jan 24 #522308 by WYSPECIAL
Reply from WYSPECIAL
You need to know what the pension is worth for anyone to comment.

What are the plans for the house? Will you be able to pay the mortgage from your income (salary, benefits and maintenances)?

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

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