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Really really need advice re financial settlement

  • twinkletoes26
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06 Jan 10 #174051 by twinkletoes26
Topic started by twinkletoes26
Hi there,

I had my Decree Nisi through in September and am due to go into an expensive court battle in a few months due to ex-husband refusing to disclose financial info on form E.

My legals bills are mounting up and i dont want to go to court - would much rather settle out of court, but his lack of financial disclosure is leaving me no option.

Financial circumstances are not straightforward - We jointly own a house with mortgage not short of its market value (little equity), There is also his business which he owns and set up just before we were married. I have been company director (for tax purposes!!!) and found out i am joint shareholder from Companies House (although according to him this is a mistake!).

We were married for 6 years and have a young child who i have brought up and been the 'homemaker'. I gave up my career to have a family and havent worked for 6 years now.

I have an expensive solicitor, incurring costs for every breath it seems, yet getting nowhere as my ex is dragging his feet so much...

Im currently getting an interim maintenance sum per month but want to find out what else i am entitled to by means of a final settlement. Do i have a claim on his company (i dont want to be unreasonable btw - its just that the business is the only asset that could offer a settlement - our profits from previous house sales have always been put back into this business)

My ex tells me i have no rights to his business, and that there is no profit in the business / family home / and there are no savings... He says i will come out of this divorce with nothing.


My ex has remained in the family home and forced me and our daughter to rent as he refused to move out. I initiated the divorce for several reasons, one being that my ex has drinking problem that he refuses to acknowledge and emotionally abuses me... i wont go into all this now..

Would appreciate any advice or help anyone can offer.

Thankyou

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06 Jan 10 #174063 by twinkletoes26
Reply from twinkletoes26
Just been told i need to include the following:

Your respective ages;

I am 31 he is 39

The number of children you have and their ages;

One, age 4

How many nights the children spend with each parent;

Current arrangement is alternate weekends from Fri - Mon (3 nights every fortnight)

The length of your marriage and any period of pre marriage cohabitation;

Marriage 6 years

Your respective incomes;
He owns own company of which i was company director on high salary (tax purposes?)

Your respective outgoings;

I get initial maintenance amount as i have had to move out to rent. This just covers my living expenses and rent (not my legals) He has not left family home. Outgoings are high as he financed cars, big mortgage and he likes to spend money!

Your assets - both soley held and joint;
I have none.
Joint owned house
He has small pension - less than 10K apparently
His parents home is owned by him but we have paid their mortgage for most of our marriage
His business

Your liabilities.
Large mortgage
Overdraft
credit card
- he pays these...

  • Donelovinhim
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06 Jan 10 #174116 by Donelovinhim
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I think you can claim court costs from him. Don't back down, get everthing you can, he sounds awful x

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