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Should I ask for a NEW financial settlement?

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Comments

  • mrsdee
    mrsdee Posts: 555 Forumite
    Thanks Bossyboots. Well, all I can say is it was a very difficult time for my husband when his ex decided she wasnt going to allow him to see the children for a few weeks, including not allowing them to come on holiday with us which had been all organised and paid for. She does this every now and again and it is really frustrating (for us) that hubby pays up on time all the time, and yet she uses access to the boys as a weapon (i.e. pay me more next month and i'll let you see them). As I said we didnt go down that route in the end as we dont want to jeopardise the eventual return of money.
    Sick and tired of waking up sick and tired...
    Debt-free, now focussing on being mortgage-free
    MORTGAGE : [STRIKE]Dec 2012 £133,602[/STRIKE]. Dec 2013 £114,092.47 July 2015 £85654
  • Spendless
    Spendless Posts: 25,154 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi Sarah

    Not been able to log in for a few days:confused: but I've been reading this thread. I remember this going to court, I won a homemade soap off you (:j ) for correctly guessing ex would get less than half. i hadn't realised you were unhappy with this though:cool:

    This 40% equity is that based on what the house was worth at the point you split, the time it went to court, when youngest reaches 18 (BTW all the threads I've read on the subject since about 'till full-time education ends' has meant end of A'levels) or at the point he has his share, whenever that is? :confused:

    What happens if/when house prices fall? Are you allowed to give him his share at this point? or is it seen as you have waited till there is a fall in the market :confused:

    Since it sounds like the co-habiting/re-marriage clause has been missed in your settlement maybe you need to consider what step/s you would have taken if it had been in. Can you afford to buy the ex out? This at least would get him out of your hair? If you can't, are you paying much over the odds for a mortgage that at least means it's lower than if you had to give ex his share now? I know you love your house but is there anything cheaper you like that would have the advantage of being in no way tied to ex.

    good Luck in sorting it all out.
  • pavlovs_dog
    pavlovs_dog Posts: 10,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    no advice as i know nothing about the situation, but i havent seen you around the boards for a while, so i thought i'd tiptoe in to say i hope you had a lovely wedding day :grouphug:
    know thyself
    Nid wy'n gofyn bywyd moethus...
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