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Urgent advice needed

  • mango
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07 Aug 08 #38285 by mango
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If to be honest I wanted a bit more, but you can want a lot but life is life... I want to get it over and save my health.
Why I still couldn't accept? It's only because my solicitor found out that my husband didn't give full disclosure some of his financial details like how much exactly his got in the family business (he says about (9%) She says in this situation we can't advise you in any of his offers.

  • Sera
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07 Aug 08 #38319 by Sera
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It is obviously difficult for anyone to advise a fair settlement without a full, honest disclosure. If he does not offer the information voluntarilly; you'd need to go to Court; File form E;s and raise any disputes in the ensuing Questionnaire.....

...and fighting in court costs thousands, and can take 18 months roughly...and would probably not get you that 'little bit more' that you want.

Now if it is a short term marriage; and it's a Family Business; you'd need to consider when it was established; any other partners within the business and who put what assets in etc; before the Business assets would (could?) be factored in to your settlement.

Please say if you did make any contribution to his business (either 'in kind' or with actual financial contribution?)

Sometimes work that wives do in support of their husbands; is dismissed as work done as a supportive partner; and it may be deemed that you financially benefitted from this work during your marriage. (ie him working and paying bills etc)

Mine is also short term, but massive contribution, and I did not pursue my £35,000 per year job I had; and worked instead with my husband. I was paid just £4,000 for two YEARS work. Our business profits will probably be considered because of the monies I used in day-to-day support of the business; and the work I did; over and above work deemed in support of him.

Seriously Catt: If you did not make financial contribution to the house; the business or any other way (please say if you did!)?? then you should be biting his hand off to accept his offer which sounds very generous in the circumstances.

  • Lady in Blue
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07 Aug 08 #38397 by Lady in Blue
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Sera your circumstances are completely different.

Catty should take the money while she can or risk getting less as it is a very generous offer as indeed DL had already stated in an earlier post 3 weeks or so ago.

Is that right? Legal aid has to be paid back? I certainly hope so in this case.

  • mango
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07 Aug 08 #38408 by mango
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I took part in my husbands family bisiness by doing some small tasks and getting some money for this.
But they never put my name in anything. So I cant really prove it.

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07 Aug 08 #38411 by mango
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Lady in blue, I am really sorry, but I am not particularly understand your last sentence. It's sounds quite personal and connected with my last topic. What did you mean?

Yes, legal aid it's like loan from government. You have to pay it back from money you receive in financial settlement.

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07 Aug 08 #38424 by Lady in Blue
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Sorry if it sounded personal.

Now I know you have to pay it back that's fine.

What I was getting at:

You are spending a lot of time and money (never mind that though cos you are paying it back) on trying to get more when you have already been told that you have received a very generous offer. Which I might add, a lot of us here have suggested that you take up including a well respected lawyer.

There are a lot of people on this site (I am not one of them by the way) who have been left in very dire circumstances with long marriages and children and who are fighting to survive.

I should think that some of them (even with kids) would be very grateful to be offered without any fighting or going to court - £105,000 lump sum, £8000 car and £7000 maintenance.

  • Sera
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07 Aug 08 #38431 by Sera
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Cat: Just to put your offer into perspective.

I gave up two years income at £35,000 and received just £4,000 from the buisness during the time I worked full-time with my ex.

I renovated our MH (spent two years; clearing his squalor, interior design, physically decorating myself, project managed; a lot funded by me!) On one credit card alone I spent £19,000

In my professional capacity (as a photographer) I contributed £26,000 which I was re-imbursed a few expenses on only(totally around £1500) This for the publicity for him, the business (Recording studio, Record Company) and the benefit of clients, CD covers etc.

I spent £10,000 towards our wedding, travel, honeymoon etc.

I worked (in Partnership) with property developers for more than one year; and brought in FIVE Offers from interested developers. My husband had nothing to do with this. I made us more than £400,000 on this deal. He disolved me from the Partnership, claims it's all his!

And one YEAR on from fighting this: he had offered just £25,000 at our First Court appearance, which has been upped to £50,000
(After a judge told him I'd "at least be re-imbursed to the finances I had before marriage")

£50k would re-imburse my mothers inheritence, but it would not factor in a fair share of profit, reimburse loss of income etc.

I will NOT get any spousal support. Without children I doubt a judge would award you that. You survived before you met him, you are young enough to work; and he does not owe you a meal ticket for life.

Even Heather Mills got just a fraction of her husbands fortune. There's is four years also; and she has a child. She was awarded around £25m from his £800m fortune. (Although the court said his assets were £400m)

If you juggle the percentages; you'll see you've got a great deal; which is why everyone is saying how lucky you are.

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