top of page
Foreclosure Notice, House Keys and Model Home on Gradated Background with Selective Focus

Financial and property settlements

Call Cleaver Thompson Solicitors in Alfreton and Clay Cross for advice on all matters relating to financial and property settlements.

Weather the storm

Going through a divorce is one of the most stressful situations you can face. With a team of experienced and highly trained solicitors on your side, you have all the support you need to weather the storm.

WRITTEN AGREEMENT

In any divorce, both parties need to agree on how the assets are going to be divided up. Once an agreement has been reached, it is vitally important that you have this agreement in writing and signed by both parties; then this document is presented to the court for your solicitor to request a financial order. The court is likely to request more information to prove ownership of assets and any debts.

Clean break financial settlement

If you decide on a clean break financial settlement, you agree to no financial payments (such as spousal maintenance) once the divorce has been finalised. This can be ideal for couples who don’t have children, and haven’t been married long, especially if the financial status of those involved is similar. If one of you owns your home, it may be decided to sell the house to divide the income fairly between you. Even with a clean break financial settlement however, child maintenance will still need to be paid.

Equitable division of assets

Usually one partner is the major breadwinner, and the other partner is unable to support him/herself on their income alone. The court would decide on an equitable division of assets based on a number of factors, such as:

 

  1. the income and assets owned by each partner and how much they are likely to have in the future

  2. the outgoings which each of the parties has or is likely to have in the future

Closeup of attractive mid 30's housewife looking at monthly bills
old books , old legal books

ARE YOU GOING THROUGH A DIVORCE?

Contact Cleaver Thompson Solicitors in Alfreton and Clay Cross today - we are experts on all aspects of divorce. We can also help you with residential conveyancing, plus sales and purchase.

ALFRETON OFFICE

5 & 7 King Street, Alfreton, Derbyshire, DE55 7AE

Tel:  01773 301858

CLAY CROSS OFFICE

6a Eyre Street, Clay Cross, Derbyshire, S45 9NS

Tel:  01246 865048

Accreditations logos
CONTACT US

5 & 7 King Street, Alfreton, Derbyshire, DE55 7AE

6a Eyre Street

Clay Cross,  Derbyshire, S45 9NS

Tel:  01773 301858

Tel:  01246 865048

Mon - Fri:

9:00 am - 5:15 pm
Closed for lunch

1pm - 1:45pm

Mon - Fri:

9:00 am - 5:00 pm
Closed for lunch

1pm - 2pm

Yell Review Us On Logo

Number: 04889150

Name: CLEAVER THOMPSON LIMITED

Address: 5-7 King Street, Alfreton, Derbyshire, DE55 7AE

Authorised and regulated by the Solicitors Regulation Authority No.388160

Terms of Use | Privacy & Cookie Policy | Trading Terms

© 2024. The content on this website is owned by us and our licensors. Do not copy any content (including images) without our consent.

bottom of page