Process
The Financial Process
Whatever your position, we help you get what you deserve.
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The financial side of getting a divorce can be very difficult.
When emotions are high and it doesn’t feel fair to split your assets 50/50 – we work with you to understand the best way forward.
Each and every one of our clients require a different approach. Some clients require us to take a bold approach, whilst others
prefer us to mediate the process.
Whatever your stance, we’ll stand shoulder-to-shoulder with you to get what you deserve.
How It Works
The Financial Process
Stage 1
Unless matters have been resolved at mediation, or unless attendance is exempt, to start the process an application is sent to a designated Family Court, along with a Court Fee, unless exempt.
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Stage 2
Once the application has been issued, the court will serve the Respondent together with a notice of hearing for the First Appointment. Alternatively your solicitor can request to serve the Respondent.
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Stage 3
No later than 35 days before the First Appointment, the parties exchange financial disclosure, together with supporting documentation.
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Stage 4
No later than 14 days before the First Appointment, you must file your Statement of Issue, Chronology of Events and Questionnaire with the court and Respondent.
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Stage 5
Prior to the First Appointment parties may attempt to agree the Case Summary, Schedule of Assets and Draft Directions that they wish the court to make. These maybe provided to the court, usually on the day of the hearing.
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Stage 6
At the First Appointment the judge will order directions for the case moving forward. For example, these could include the time to answer Questionnaires or obtain an expert valuation report.
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Stage 7
Parties file responses to Questionnaires, arrange any expert reports and comply with any further directions issued by the court. Parties usually put forward without prejudice proposals to try and settle the matter in preparation for the hearing.
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Stage 8
Financial Dispute Resolution Hearing. The parties are encouraged to negotiate and the judge will provide an indication to aid settlement. If the parties settle, the Order will be drawn up and sealed by the court. If the matter remains unsettled then the court will give directions about what is required for a Final Hearing.
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Stage 9
Final Hearing. If it is not possible to agree settlement at, or before, any of the stages above then there will be a final hearing. At the final hearing, the Court will make orders about how property, assets and income should be shared.
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