Financial Remedy solicitors in Cheadle Heath
Are you looking for financial remedy solicitors in Cheadle Heath?
Here at Helpline4U, our reliable, fully qualified child custody solicitors in Cheadle Heath are here to help.
Aside from arranging child custody, organising financial arrangements is often a particular cause of anxiety for a lot of people after a divorce.
The process of discussing financial issues can cause concerns regarding coping financially post-separation, with many people simply wanting to know where they stand in this situation.
Call us on 0754 128 1120, email us at firstname.lastname@example.org, or enter your details here for us to contact you. It’s completely free to get in touch and we’d be glad to discuss your situation and offer advice.
If you are going through this process, it is crucial to seek expert legal advice to support you with your financial remedy proceedings and make sure you are represented properly. Our team of trustworthy financial remedy solicitors in Cheadle Heath can support you in resolving your situation by dividing assets as fairly as possible while being responsive to your needs at a time which undoubtedly involves high emotions.
Financial Remedy Order – what is it?
It is typically possible to settle financial matters through mediation when a Consent Order will then be composed before being signed by each party and a judge in court.
A financial remedy order helps to settle financial matters between divorcing couples in court if they have not been able to come to an agreement during mediation.
How do we start the process?
The process of starting a financial remedy procedure can be done by submitting a document (Form A) to the court.
Each party will be required to provide full financial disclosure to ensure we can offer you the most accurate and relevant legal advice and achieve the best outcome possible for you.
The court will then schedule your case.
The First Appointment
The First Appointment, known as FDA, is where the district judge will establish if any further information is needed from either party to discern if full disclosure has been provided before beginning negotiations.
If a settlement is not reached at this appointment, the district judge will proceed to set a date for the Financial Dispute Resolution Hearing (FDR).
The Financial Dispute Resolution Hearing
After any further information has been established, each party will be required to complete a proposal detailing the acceptable settlement of their case.
Negotiations are welcomed to try to reach an agreement and, if one is made, the district judge can then sanction it.
If an agreement is not reached, the case will be prepared for a Final Hearing.
Unless an agreement is made prior to the Final Hearing, further documents will need to be prepared. You and your former spouse will provide evidence to the district judge who will then decide how the finances should be divided and whether either party has an ongoing responsibility to support the other financially.
The judge will establish several Orders which many include:
- The sale of property or transfer of property ownership
- A Lump Sum Order
- A Pension Sharing Order
- A Maintenance Order
The judge will also decide if a Clean Break can be made, meaning you and your former spouse would have no financial claim against the other. At Helpline4U, our solicitors will always go through potential orders with you throughout your case.
The first consideration for the court is the welfare of any children, while other factors include:
- Living expenses/standard of living
- Role within the marriage/civil partnership
For more information on Financial Remedy Orders, call our financial remedy solicitors in Cheadle Heath on 0754 128 1120, email us at email@example.com, or enter your details here for us to contact you. It’s completely free to get in touch and we’d be glad to discuss your situation and offer advice.