Afinancial order can be made by the Court after a decree nisi has been made in a divorce. The order can be made by agreement, in which case it is known as a consent order, or it can be made by the Judge in a contested application for a financial order.

Why would I want one?

If you get divorced, you and your spouse’s financial claims against each other will stay open until an order is made reflecting the divorce settlement you have agreed with your spouse, or decided by the Judge when you cannot agree, or if the Respondent in the divorce remarries (the remarriage trap). The Applicant usually includes the financial claims in the divorce petition and so avoids the remarriage trap. In other words, if you don’t get an order there is a risk that one of you will be able to make a claim against the other in the future when you might not have realized that could happen.

Is a fixed fee available for a consent order?

If you and your spouse have agreed a financial settlement between you as to how you want to divide assets, and how much maintenance one will pay the other (if any) on divorce we can offer you a fixed fee agreement to prepare or check a consent order for you.

How much is the fixed fee and what is included?

The fixed fee agreement is £850 plus VAT on the basis that you have agreed your financial settlement on divorce, there are no areas of disagreement between you, and that you have both disclosed to the other full details of your financial assets and income. The fee does not include dealing with disclosure for you or negotiating your agreement.

The fee includes drafting or checking an order and the paperwork necessary to send the consent application to the court.

Is there anything else to pay?

Yes, there will be a fee payable to the court of £50 when the application is sent.

Contact Jordan Williams Law for help with Financial Arranagements after divorce or separation.

We can help guide you and help find an equitable solution. We are experts in these areas. Contact our specialist family solicitors David and Sarah now.