Financial agreement
9 answers /
Last post: 23/02/2024 at 3:01 pm
Hi all,
I was doing financial agreement through the mediation with my ex. He wants to leave me with nothing. He is forcing the sale of our house where I currently live with our child. (He moved out to his lover's house). On one of the mediation I asked for 60% of the equity of the house as I am the main carer for our child and he didn't want to agree and said that I will have to pay his debts. No proof showed to me. The mediator saw it but didn't understand much of it and didn't share it with me. Anyways, the mediator said the court will say that he is the only person responsibly for his debts not me.
Suddenly on last mediation he again wanted 50/50 split of equity of the house and mediator said if I won't agree then I will have to pay his debts first and get whatever is left.
I'm exhausted because he plays control game and manipulate again, the mediator is giving different information all the time and i am confused and wondering if it's worth it to fight more in the court or leave it as it is.
Has anyone got have any clue if after the house sale I have to pay my ex debts first and then receive half of the money left?
Thanks.
Have a look at the legal Queen on Instagram or Facebook she's really helpful on this kind of thing.
Good luck x
Seek legal advice sometimes but not always the courts won't force you to sell the home until the child is 18 or until you settle with another partner.
Each situation is different but the mediation sounds a waste of time and nothing is binding anyway you could agree to something and then it all goes wrong.
You shouldn't have to seel that's your child's home and yours you could set up to pay so much a month for his half you shouldn't have to pay his debts either they are his debts. Contact csa aswell get them to collect and pay so the money goes straight from his wages x
I have just been divorced and I got 55 per cent of equity, my husband had to pay half of our debt bill.
However, I used a solicitor and it cost me 15,500 in legal bills. So really, if I was you, I would weigh it up in legal costs, if your solicitors costs are less than what you would gain by taking it to court then hang in there.
Its a very stressful thing to do.
Money is the root of all evil.
My situation was the same as yours only my husband made my life a misery so I fled to my mother's house.
He had a floozy and he now lives with her in her home, the marital home was sold and divorce is final.
Will he pay child maintenance or does he now?
It all comes down to what your happy with. Is the stress worth the extra money?
The equity in our home was £90,000,
Yours could be bigger or smaller.
My solicitor promised this and that and didn't do anything he ripped me off.
💯 per cent you will not need to pay off his debts regardless, the worse is you will pat half of the debts you had while living together.
Hi, you need to give some more information to obtain appropriate advice.
- Are you married ?
- if not do you co own the property?
- did you make any additional contribution to the property at either purchase or in development?
Mediator cannot make you do anything and if at mediation then there should be full financial disclosure - to allow you to work out what’s best for you.
Is there a local mum’s Facebook group in your area? Find it, join it, then post anonymously asking if anyone can recommend a local solicitor for divorce/separation as your partner is trying to rip you off and make you pay his debts etc. This is the best way to get a bona fide recommendation of a solicitor who has a record of getting results for women in your situation. The mediator is NOT looking out for you!
Is there a local mum’s Facebook group in your area? Find it, join it, then post anonymously asking if anyone can recommend a local solicitor for divorce/separation as your partner is trying to rip you off and make you pay his debts etc. This is the best way to get a bona fide recommendation of a solicitor who has a record of getting results for women in your situation. The mediator is NOT looking out for you!
Hi. Yes, I tried to find some more information on Facebook pages.
He is changing his mind on every mediation. I agreed to sell the house so he said he is going to pay for the mortgage till the time the house is sold then started to threatening me and being aggressive when I and estate agent told him that house sale can take up to 6 months. He lies that he doesn't work now and showed very low income (for last year) on our last mediation.
He also said he is going to move back to our house and take care of our son. He already agreed to full custody for me and never cared about our child, has no relation with him. He knows that he can hurt me the most if he will scare me that he will take our son. I can't do anything to sell the house early and have no money to pay for the mortgage by myself.
I'm exhausted and scared what will be his next idea.
Hi. Yes, I tried to find some more information on Facebook pages.
He is changing his mind on every mediation. I agreed to sell the house so he said he is going to pay for the mortgage till the time the house is sold then started to threatening me and being aggressive when I and estate agent told him that house sale can take up to 6 months. He lies that he doesn't work now and showed very low income (for last year) on our last mediation.
He also said he is going to move back to our house and take care of our son. He already agreed to full custody for me and never cared about our child, has no relation with him. He knows that he can hurt me the most if he will scare me that he will take our son. I can't do anything to sell the house early and have no money to pay for the mortgage by myself.
I'm exhausted and scared what will be his next idea.
You can get advice from Cirizens Advice Bureau (CAB) they give free and impartial advice about your rights, find your local office and make an appointment as soon as you can, you need help from people with answers.
i wish you good luck, your ex is going to continue to use nasty tactics.
