Contact Us
Subscribe Now for Newsletter and Updates
Reaching a financial settlement is often the most difficult issue to resolve when a marriage breaks down. The settlement reached can determine your long term financial position.
You can enter into a Consent Order or a Separation Agreement
Used when the divorce has started. The financial agreement is drafted into a Consent Order which is sent to the court after Decree Nisi of divorce has been granted. If the Judge is happy with the order, the agreement will become a legally binding Court Order.
If you have separated but are not ready to make the decision to divorce, or wish to wait until you have been separated for two years, the financial agreement can be contained in a Separation Agreement. It is important that certain requirements are met to ensure the agreement is binding and cannot be challenged. Therefore we strongly recommend that legal advice is taken to minimise the chances that the agreement will be overturned.
Even if parties try to reach an agreement, sometimes there are issues that cannot be agreed. There are various ways to try and resolve the dispute such as mediation, the collaborative process or negotiations through solicitors. However, some situations need court proceedings before a settlement can be reached. If court proceedings are required, the divorce will need to be started.
At any point during the court process the parties can come to an agreement and record the agreement in a Consent Order.
Our solicitors try to resolve financial matters as amicably as possible, and where court proceedings are needed we advise and assist throughout.
If you would like to know more about this process or feel this could be something you would benefit from, please contact us at [email protected] or telephone Ipswich 01473 213311 or Colchester 01206 584584, where we will be happy to speak with you.
Subscribe Now for Newsletter and Updates
Subscribe Now for Newsletter and Updates
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.