One of the main concerns for people facing divorce or dissolution of a civil partnership is often how they will cope financially and how the assets and debts of the relationship will be dealt with. Financial Remedies are the procedure to discuss the division of your property when you are undergoing a divorce.
It is never too early to seek advice on your position, even if you are not yet sure whether you intend to commence with divorce/dissolution proceedings. We are the leading boutique specialist family law firms in the North East, and we provide a cost-effective service to help you understand your position before you begin divorce proceedings that will not add to any financial worries that you may have. You can speak with a member of our boutique family law team on 01661 824582 to find out more about our service and costs. No matter your circumstances, we can provide you with the representation that you require throughout your divorce process.
We actively encourage positive communication and negotiation between separating parties where possible, and it follows that the more agreement and cooperation there is, the more straightforward and less expensive the process will be.
It may be necessary for some level of intervention in order to achieve a fair and realistic financial settlement; we can support you by using the most appropriate method for your situation. For more information on the options available for achieving the best possible settlement, see our How we work with you and for you section
What happens next?
Almost all of our cases are settled using skilled negotiation without the need to attend the Family Court. However, should negotiations break down or do not prove a viable option, we can advise and represent you in an application to the Court to make a financial Order in your favour. We provide affordable representation; if you are concerned about the costs of court representation, then please speak with us today about your financial remedy support .
Even if court proceedings are issued, once there is a framework for establishing evidence, a judge can give guidance as to how the case should progress. Even quite uncooperative people often see that reaching a compromise is better than a judge imposing the outcome. Sometimes a dispute is hard to deal with, but we find that most cases are resolved by agreement without a judge needing to rule. We find that an agreed outcome is found in the vast majority of cases.
The options available through the court include:
- Short or long term regular maintenance payments (also known as periodical payments or spousal maintenance)
- A lump sum payment
- Transfer or sale of property
- Division/sharing/transfer of pensions
Emergency Financial Orders
On occasion, it may be necessary to take immediate steps to preserve and protect assets and/or to obtain temporary financial provision while negotiations are ongoing. See Emergency Orders for more information.
For existing Financial Orders where one party is seeking to vary or enforce one or more of the terms of that Order, see Variation/Enforcement of Financial Orders.