DAD.info
Forum - Ask questions. Get answers.
Welcome to the DAD.Info forum: Important Information – open to read:

Our forum aims to provide support and guidance where it can, however we may not always have the answer. The forum is not moderated 24 hours a day, so If you – or someone you know – are being harmed or in immediate danger of being harmed, call the police on 999.

Alternatively, if you are in crisis, please call Samaritans on 116 123.

If you are worried about you or someone you know is at risk of harm, please click here: How we can help

Settlement Agreemen...
 
Notifications
Clear all

[Solved] Settlement Agreement

 
(@Devastateddad41)
Estimable Member Registered

Hi guys,
I am in the process of waiting for a decision on my mortgage application to determine whether it will be processed or not.
If successful, I can then arrange to provide the funds to my ex as settlement from the house and she will vacate with the children.
Conscious that I need to have this as a legal agreement to protect myself and my assets to ensure she cannot claim any further monies from the house.

Would I need to ask a solicitor to produce this or is there templates that I can use that can be taken to our independant solicitors to have signed by them? I am trying to minimise the cost as much as possible with having solicitors involved but also need to ensure that the agreement is set in stone and is final payment and claim from the house.

Any help, always appreciated.

Cheers

Quote
Topic starter Posted : 01/05/2014 2:47 pm
(@got-the-tshirt)
Famed Member Registered

Hi There,

I would go to a solicitor and have this written up properly, there may be templates for it, but as you say you need to protect yourself from any future claims, taking a template from online may work, but it may not be up to date.

If the law has changed at all since the template was written then there may be errors in it that may give the ex a loop whole.

I know you want to keep costs low but do this letter the right way.

GTTS

ReplyQuote
Posted : 01/05/2014 10:36 pm
(@Loving_Dad)
Reputable Member Registered

Hey Mate,

Hope you are well?

You are looking for a "clean-break" settlement & need it enforced by the courts (under ancillary relief) - in case ex comes back for more.
Your solicitor will write an agreement which needs to be agreed by your ex.

It just needs rubber stamping by the court.

Otherwise if settlement disputed by your ex - you go down the ancillary relief route of FDR - you/ your ex discloses everything - then goes to court for carve up.

Best avoid that & get it amicably agreed.

Good Luck.

ReplyQuote
Posted : 02/05/2014 10:20 am
Share:

Pin It on Pinterest