Amongst the many matters unfolding in the UK for 2021 is the decision of the Supreme Court in the...
Matrimonial Finances & Divorce
Going through any separation or divorce will be extremely stressful and this can be made more so by deciding on what happens to any assets, money, and important financial decisions regarding your children, if you have any.
Coming to an amicable decision will be in the best interests for all involved. Our specialist divorce and financial settlement solicitors can advise on all matters regarding matrimonial finances, guide you through all the options available to you, working to find a solution for you and your family that will minimise any conflict, where possible.
We will always try and find a solution that resolves financial settlement matters amicably, either through mediation, arbitration or collaborative meetings for example. However, our dedicated and experienced financial settlement lawyers have the expertise to take a firm and robust approach, forcing legal action on your behalf if need be and representing you in the courts when necessary.
Our divorce settlement solicitors in Brixton can advise on all areas of matrimonial finances and divorce including:
- Ancillary Relief Procedure
- Financial Agreements
- Consent Orders
- Clean Break
- Court Orders and Financial Remedy Orders
- Mediation and other Alternative Dispute Resolution services
If you would like to speak to one of our divorce settlement solicitors regarding matrimonial finances, consent orders or financial court orders, call our experienced family lawyers on 0207 095 5700 or make an enquiry here.
What are Financial Agreements and Consent Orders?
A financial agreement will set out the financial commitment between you and your former partner, and cover matters including child maintenance and how debts will be paid moving forwards.
This should be agreed on during the divorce proceedings and if it has remained amicable, then there should be no need to go to court to get the financial settlement and consent order finalised.
Without a consent order or financial agreement in place, either party can make a claim against the other’s finances, income or assets, even after the Decree Absolute is pronounced.
What is a Financial Order?
If you wish the court to decide how you divide your assets if, for example, you were unable to reach an amicable agreement regarding your matrimonial finances via means of a consent order, then you can apply to the court for a financial order. The application for a financial order following the presentation of a petition for divorce is called ancillary relief. This is because it is in addition to the divorce and requires a separate set of proceedings.
What is a Clean Break Financial Agreement?
If you and your partner have no complicating factors or if you both want to be financially separate after your divorce, and if you are both in complete agreement regarding any financial commitments, then you could consider a ‘clean break’ financial agreement which completely dissolves any financial commitment you may have. This will mean your finances will be separate, with no payments of spousal maintenance following the divorce.
However, this will not be suitable for everyone, and it is important that you seek the advice of an experienced divorce solicitor who will be able to provide you with advice and guidance on your legal rights regarding matrimonial finances and all the options available to you.
Expert Divorce Financial Settlement Solicitors Brixton
If you are looking for divorce financial settlement solicitors near you, then our matrimonial finance solicitors in Brixton will be able to provide you with practical advice regarding all divorce financial settlement matters, consent orders, ancillary relief proceedings, financial orders and clean break agreements.
Regardless of the complexity of your situation our family law team has the experience and expertise to guide you through the most challenging legal issues and are dedicated to providing the highest level of service to our clients at all times.
Wainwright & Cummins LLP are an established London law firm of divorce and financial settlement lawyers in Brixton, and have a Children Law Accreditation from The Law Society, a recognised quality standard for practitioners representing children in children law proceedings.
Alternative Dispute Resolution
Where possible we will work with you to find an amicable solution, helping you resolve matters out of court by way of alternative dispute resolution. All of our family solicitors at Wainwright & Cummins LLP are committed to the Resolution Code of Practice. This promotes an approach to family law that is sensitive, constructive, cost-effective, and will most likely result in an amicable agreement. Our focus is always to work in your best interest, and we will be there to guide you through the process every step of the way.
Contact us for Advice regarding Finances and Divorce
To speak one of our experienced divorce in Brixton regarding finances and financial agreements, you can call us on 0207 095 5700 or make an enquiry here. Your enquiry will be dealt with in complete confidence and you can always be sure of our complete discretion.
Our other Legal Services
We pride ourselves on providing our clients with a complete legal service, covering all the legal matters that you may require. When going through a family law issue, we realise there may be other matters you would like to discuss with us, and should you require it, we will ensure you get all the advice and guidance you need concerning other legal matters including property law, Immigration, child care law, and Divorce and Separation.