How much does a divorce cost?

Ccarter

mgdavid wrote: »

It can easily cost upwards of £10k to fight off a grasping ex who wants everything...

God I hope not! :mad:

Ccarter

Gloomendoom wrote: »

If it's in negative equity, money might need to go the other way.

Unfortunately, in your situation, I suspect that it will cost you a bit more than the basic court fees. I would advise visiting a solicitor that specialises in family law. You (both) are going to have to satisfy a judge that any settlement is fair and takes into account the needs of the children.

What do you mean please "money might need to go the other way"?

prowla

What matters is the value of the house, not what was paid in.

I_try

He may have to pay money to you for his part of the debt that you are in for the negative equity of the house and any other debts there may be. As much as assets are split, so can debts be.

Get some proper advice as it could be well worth it in the long run as this doesn't sound like it will be entirely straight forward.

Check out wikivorce also as lots of help on there.

Good luck and best wishes.