Hi all

i'm new to all this even though i've been split up for nearly two years now. She has just decided to sort the financial things out, funnily enough its just before i get my pension pay-out from the army. Although i now live with my new partner i dont contribute anything towards her house and we dont really know if the ex can get anything out of my new partner???????????

Sedge

Hello

The finacial part of your divorce is for you and your wife, new partners income and assets are not included your houseing needs are met by liveing with your new partner but thats it.

Thanks for that m8, another thing is that when we were married we accumalated roughly £28,000 debt, when we go to court for the financail bits and pieces will the debt be taken in to account? at the moment i pay all the monthly bills for the debt, i even pay for the t.v she has in her flat!!!!!!

Hello

There are always exeptions but as a general rule debt accumulated dureing the marriage is marital debt therefore jiont and yes the court will consider it.

What the court consider.

(a) The income, earning capacity, property and other financial resources which each spouse has or is likely to have in the foreseeable future including, in the case of earning capacity, any increase in that capacity which it would be, in the opinion of the court, reasonable to expect a person to take steps to acquire.
(b) The financial needs, obligations and responsibilities which each spouse has or is likely to have in the foreseeable future.
(c) The standard of living enjoyed by the family before the breakdown of the marriage.
(d) The ages of each spouse and the duration of the marriage.
(e) Any physical or mental disability of each spouse.
(f) The contributions which each spouse has made or is likely to make in the foreseeable future to the welfare of the family, including any contribution by looking after the home or caring for the family.
(g) The conduct of each spouse, if that conduct is such that it would in the opinion of the Court be inequitable to disregard.
(h) The value to each spouse of any benefit which one spouse because of the divorce will lose the chance of acquiring (most usually pension provision).