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My wife and I are recently separated.
No legal agreement is in place, just a verbal arrangement. We are still living in the marital home, although she is finally moving out at the end of this week. She will continue to pay me a 50% contribution towards joint financial commitments (i.e. mortgage) whilst I remain in the house prior to its sale. We have agreed that the house is to be sold and any equity is to be split 50/50. Other debts such as joint bank overdraft and personal loan will be jointly settled from the proceeds of the house sale. I have a car on finance, in my name, and will use my portion on the money to settle this. She does not drive and has only had use of the vehicle for shopping trips etc.
Back in March 2014, I was involved in a serious non-fault car accident, and subsequently filed a personal injury claim. I have now been offered a substantial amount which I am prepared to accept. It was my intention to pay off a credit card with part of this award as I have primarily been responsible for the purchases on the card (laptop, tablet etc). The card is solely in my name, but my ex is a card holder and has used the account herself, or we have used it on holiday etc. I feel that as I have accrued most of the debt, it is my obligation to clear it.
However, my wife is playing hardball, and really getting down to the nitty gritty of the last few pence, thus I have now decided I need to find out precisely what she is entitled to with this compensation, legally. If it is half, she can have it. If not, then she gets nothing. The award is 99% for "personal injury" with some expenses I accrued due to the accident included (i.e. £300 excess on the car insurance for example).
I don't want to cheat her out of anything, but as she seems intent of taking me for as much as she can, I need to know what she can legally have. Morally, I think she sucks. I had to go through a serious car accident, pain and suffering etc, and now she wants to take what I was awarded because of that... but my thoughts are not in keeping with the legal process, so I'll leave it there!
Advice welcome. Please ask if you need any more information.
No legal agreement is in place, just a verbal arrangement. We are still living in the marital home, although she is finally moving out at the end of this week. She will continue to pay me a 50% contribution towards joint financial commitments (i.e. mortgage) whilst I remain in the house prior to its sale. We have agreed that the house is to be sold and any equity is to be split 50/50. Other debts such as joint bank overdraft and personal loan will be jointly settled from the proceeds of the house sale. I have a car on finance, in my name, and will use my portion on the money to settle this. She does not drive and has only had use of the vehicle for shopping trips etc.
Back in March 2014, I was involved in a serious non-fault car accident, and subsequently filed a personal injury claim. I have now been offered a substantial amount which I am prepared to accept. It was my intention to pay off a credit card with part of this award as I have primarily been responsible for the purchases on the card (laptop, tablet etc). The card is solely in my name, but my ex is a card holder and has used the account herself, or we have used it on holiday etc. I feel that as I have accrued most of the debt, it is my obligation to clear it.
However, my wife is playing hardball, and really getting down to the nitty gritty of the last few pence, thus I have now decided I need to find out precisely what she is entitled to with this compensation, legally. If it is half, she can have it. If not, then she gets nothing. The award is 99% for "personal injury" with some expenses I accrued due to the accident included (i.e. £300 excess on the car insurance for example).
I don't want to cheat her out of anything, but as she seems intent of taking me for as much as she can, I need to know what she can legally have. Morally, I think she sucks. I had to go through a serious car accident, pain and suffering etc, and now she wants to take what I was awarded because of that... but my thoughts are not in keeping with the legal process, so I'll leave it there!
Advice welcome. Please ask if you need any more information.
As a matter of interest, TL, do you have any children?
thanks again Leclerc - should've gone to specsavers :rolleyes2:
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