Hi all i m new to forums! I'm also new to separating...... We have a 6 year old, old house in mortgageas a rental property that I have my name on and the current home which is in his name......where exactly do I stand??? The rental was and I believe still in negative equity and our current financial situation is close to collapse....him ending us is now a nightmare and I'm unsure how much we can sort without legal bills.... Thank you
common law couple separating, need advice please
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Re: common law couple separating, need advice please
Hi tinkernpan,
I just wondered how easy it would be for the two of you to discuss matters together? you don't need to do this on your own you could try mediation. I would always start with practicalities; what income do you have and what do you need? These days parents are encouraged to reach agreement themselves regarding child maintenance but there is a lot of information and help if you need it. have a look at www.cmoptions.org . As for the properties it is possible to delay a sale or to use equity that might be owned by the other party. These situations (if you cannot agree fairly quickly) can be complicated. Initial legal advice can be very useful, a little bit of knowledge can give you confidence in your negotiations and solicitors should give some initial advice for a fixed fee. Good Luck FionaI work for Howlett Clarke Solicitors . Any posts I make on LegalBeagles are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide is without liability. If you are unsure please seek formal legal guidance.
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Re: common law couple separating, need advice please
Originally posted by tinkernpan View PostHi all i m new to forums! I'm also new to separating...... We have a 6 year old, old house in mortgageas a rental property that I have my name on and the current home which is in his name......where exactly do I stand??? The rental was and I believe still in negative equity and our current financial situation is close to collapse....him ending us is now a nightmare and I'm unsure how much we can sort without legal bills.... Thank you
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