The UK's largest and most visited divorce site.
Modern, convenient and affordable services.

We've helped over 1 million people since 2007.

 
Click this button for details of our
email, phone nbr and free consultations.
 

Help completing form D81 please. DIY divorce!

  • kazlc
  • kazlc's Avatar Posted by
  • New Member
  • New Member
More
30 Jun 10 #211844 by kazlc
Topic started by kazlc
Hi
I would be eternally grateful for any help in completing form D81.

Section 1 - Capital Resouces.
What should I include here? All assets such as shares, savings, minus loans etc. as well as equity in the house.
The house is already in my name and was before we married. We have been apart for 3 years (no financial support of any type from him since) and I have made an effort to pay off the mortgage since he left as well as paid for all maintenance and bills. As a result the mortgage is down by about £35K since he left. When I work out the house value minus the amount still owed can I use the amount owed at the time he left or does it have to be the amount owed as of the present day?
Do I include the cost of selling the house?

Section 2 - Net income
Do I just write my net income here? Can I subtract the bills?
I pay all the bills for the house (over £1000 a month) whilst he only pays £150 a month for all his food, board and lodging! So although I earn more than him I have less money available after the bills are taken into consideration.

Section 3 - Pension
If I speak to my pension company what questions do I actually need to ask them to get the information they need. I have been paying into my pension for 26 years but still dont really know much about it! He has said he is not interested in taking any of my pension.

Again, if anyone can help me with any of the answers I would be so grateful...being a subborn old gal I am insisting I can do this myself! Its not as straightforward as I thought!!!

Many thanks

Karen

  • dukey
  • dukey's Avatar
  • Moderator
  • Moderator
More
30 Jun 10 #211865 by dukey
Reply from dukey
Hello

Don`t worry these forms are as clear as mud on a foggy day in heavy rain.

1, Capital resources are your assets,

Car £4000
Savings £50000000 ;)
House estimated value £120,000 estimated equity £20,000

2, Net income,

This is your monthly income after tax national insurance contributions and any pension contributions

3, Pension,

You need to ask them to provide the CETV (cash equivalent transfer value) if the pension is in payment then ask for the CEB

As you are both agreeing a settlement you don`t need to go in to huge detail this form is really only to give the judge considering the Consent Order an idea of available assets and income you both have.

  • kazlc
  • kazlc's Avatar Posted by
  • New Member
  • New Member
More
30 Jun 10 #211904 by kazlc
Reply from kazlc
Thanks for your response. With the house asset should I just mention in the box at the end that I have been paying for it alone and the amount of the mortgage at the time he left?


Can I also presume that my expenditure doesn't get taken into account then on the net income form?

Karen.

How did you know the exact amount of my savings?? ;-)

  • dukey
  • dukey's Avatar
  • Moderator
  • Moderator
More
30 Jun 10 #211907 by dukey
Reply from dukey
Hello Karen

If you provide information that would lead the judge considering your consent order to think that the agreement is not by mutual consent you will both be called in and questioned so the judge can be sure you both understand the agreement that the agreement was not made under duress and that you both sort independent legal advise before signing.

The form asks for net income not expenditure.

Keep the answers brief without elaboration if you are happy with the settlement as agreed.

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

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.

 

We can help you to get a fair financial settlement.

Negotiate a fair deal from £299

Helping you negotiate a fair financial settlement with your spouse (or their solicitor) without going to court.


Financial Mediation from £399

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


Consent Orders from £950

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


Court Support from £299

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