Do I need a consent order / clean break order?
A consent order will put your mind at ease if you are worried about your finances after your divorce
A consent order, also known as a clean break order, is a legally binding court order that details how you intend to divide any assets and finances you hold within your marriage.
Obtaining a consent order is the only way to legally sever all ties from each other. Without a consent order, you are open to future claims in the future. Hence the importance of entering into a consent order after divorce.
A consent order is a voluntary agreement that not every divorcing couple will decide to enter into. Obtaining one is advisable, as it is the only way to legally protect your assets and finances after a divorce.
Although a consent order is not compulsory, it is worth obtaining a consent order even if you feel you have little or unsubstantial assets. Should your financial situation improve, you could be claimed against, even years after separation.
A typical consent order may include a clause to sell the matrimonial home and share the pensions. This way both parties will get a fair share of held assets.
The following assets can be included in any financial order:
- Property
- Savings
- Pensions
- Debts
- Child & spousal maintenance
- Inheritance
A financial order is not limited to these items. Should you have any questions about entering into a consent order, please call us on 08001 777 702
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If you want to save thousands of pounds. Call our Divorce Law Experts on 0800 177 7702 for a FREE initial consultation.
