Loading
Financial Settlement
Ending a relationship is hard enough but sorting finances can feel overwhelming. Who keeps the house? How are savings, pensions, and debts shared? At Family McKenzie, we help you achieve a fair financial settlement so you can move forward with confidence. A financial settlement is not just about money; it’s about security and peace of mind. At Family McKenzie, we combine legal expertise with compassionate support, helping you protect your future and start your next chapter with clarity.
One Settlement at a Time.
Reaching fair financial settlements for our clients is the area of expertise for our skilled legal practice. We make sure that your financial interests are safeguarded through careful analysis and negotiation. Our committed team of legal professionals seeks prompt and equitable settlements while navigating intricate financial environments.
The Procedures That Were Involved
A court application, typically on Form A Notice of (Intention to Proceed With) an Application for a Financial Order or Other Financial Remedy, is made when mediation and discussions have failed. The application is typically submitted online, after which the court notifies the parties and establishes a timeline:
Orders of consent
While consent orders are issued with the court’s approval, nuptial, civil partnership, or separation agreements cannot remove the court’s authority.
Just because parties have reached an agreement does not mean that the court will automatically adopt consent orders. Using the criteria outlined in Schedule 5, Part 5 of the Civil Partnership Act of 2004 and Section 25 of the Matrimonial Causes Act of 1973, the court determines whether the proposed orders are a just and equitable conclusion.
If the required documentation is included with the application, the court can issue consent orders without the parties or their attorneys being present.