FINANCIAL SETTLEMENT

If you have been divorced or separated legally, you and your ex-partner can choose how to work out money and property matters. The rules are different in case you were not married or were in a civil partnership. During financial settlement, you will still have to agree on other issues such as child maintenance payments for any children for example. You can avoid going to court hearings if you agree on how to split your money and property or alternatively, if an agreement cannot be reached it will be necessary to have court hearing to decide on these issues

The process of going through a divorce is very complex and frustrating especially if there are children and shared assets involved. If there are no complications the divorce process generally takes four to six months to complete depending on how busy the Courts are. In most divorce cases it is not necessary to have court proceedings, as long as communications are handled with care and understanding.

In order to protect your financial assets, we recommend that you should resolve your Money Matters alongside the divorce proceedings. Depending upon the particular circumstances of your divorce matter, we may recommend you delaying the divorce application until any financial issues have been resolved. It is very important that you get legal advice on divorce as early as possible to ensure that divorce proceedings are issued on the most appropriate basis. Amending Court documents at a later stage can lead to delay and unnecessary costs.

​Judicial Separation is an alternate to divorce and is not so common. The most significant difference between divorce and Judicial Separation is that you cannot remarry. It is generally used or practised by the people who have a religious objection to divorce. In Judicial Separation, the Court retains the power to resolve money matters with the exception of pension sharing.

In any circumstances, our specialist family law solicitor will assist you through this process by keeping your best interests in mind at all times and guide you through the complications and to simplify the process.

To get an advice, please contact our team member on 0161 465 1814 or complete our inquiry form and we will contact you.