DIY divorce

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This topic contains 4 replies, has 5 voices, and was last updated by  Mike_71 2 weeks, 4 days ago.

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  • #27380 Report

    CarrieB1
    Participant

    Has anyone done most of their divorce themselves? We are looking at keeping our costs down and doing the paperwork ourselves but think we may need to see solicitors for an hour or two to get advice on how we are thinking of splitting our assets.

    Also, would we have to each supply a form E (financial disclosure) along with the consent order?

    #27507 Report

    si7160
    Participant

    you can agree things between the two of you  but the issue is that to be legally binding you have to use a solicitor

    I am currently going through this and my current wife is wanting to use this to protect herself against furture claims and child maintenance payments

     

     

     

    • This reply was modified 2 weeks, 4 days ago by  GingerbreadJustine. Reason: edited by moderator
    #30776 Report

    Sophieray
    Participant

    I tried once to fill all divorce forms by myself, but I stuck half way through.  My family is very limited in budget so I wasn’t able to hire a lawyer at that time. Browsing web I’ve found a service that helped me with document filling – they helped me with all divorce forms so all that left for me is serving a divorce petition.

    • This reply was modified 2 weeks, 4 days ago by  GingerbreadJustine. Reason: edited by moderator
    #30785 Report

    Hi all

    Its great to see you are all supporting each other and I encourage you all to continue to do so.

    I have needed to edit the services listed as it could be viewed as an advert.  Our guidelines prevent us from advertising commercial ventures.  If you wish to share information then you can do so by private message.

    Kind regards, Justine

    #30795 Report

    Mike_71
    Participant

    SophieRay, this is a fairly old thread, I don’t know if you noticed the date of the original post.

    Anyway, I shall add some comments for anybody else reading this thread.

    With respect splitting the assets, or settling finances, or Ancillary Relief, or financial remedies, or whatever you want to call it … it can be simple or it can be complex.

    While for some the Form E might be a simple matter because of lack of any significant assets, for others the picture is not so clear. If the major asset is a house, the valuation is fairly straightforward – go to Zoopla or hire a chartered surveyor. Simple.

    If one or both parties have any share in a a small business,  it’s immediately a major complication. There is no simple valuation methodology for businesses – a business is worth what someone is willing to pay for it. So one party may value a business at £50K while another values it at £500K. Hire  10 accountants to value the business and you’ll get 11 different valuations.

    As you can see, there’s considerable scope for disagreement as to valuation of certain intangibles (not just shares in privately owned businesses). The same applies to some tangibles as well, notably works of art, antique furniture, jewellery…

    That’s before you come to pensions, bonds, assets that can only be liquidated in a non-GBP currency (where you’re dealing with daily currency fluctuations) and a million others, share of an ex-spouse’s future earnings, child support / maintenance …the list is endless.

    My advice would be that when it comes to finances, if there’s a large amount at stake it’s worth getting some advice. If the matter is contentious and heading for a court resolution, it’s a good idea to engage a direct access barrister if you’re not going down the usual solicitor + barrister route. Having counsel at the hearing can make a big difference to your settlement (even if you really understand numbers yourself!).

    If you don’t have the funds to pay for legal advice, there is some legal advice available for free online. Also, avail of the free 30-60 initial consultation that many solicitors offer. Maybe talk to a Mackenzie friend. Or use one of the online paralegal helplines; they still cost money but are cheaper than lawyers.

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