SOA if I go it alone

andyfromotley

Counting on Child maintenance can be fraught if yr ex is a !!!!!!. It also can be zero if he has the child 50/50. (it works on a sliding scale according to haw many nights the child is with him.)

Please build up an emergency fund. Your SOA looks ok ish but it doesnt leave a lot spare and no EF will lead to minor financial events causing chaos and perhaps landing you in debt.

andyfromotley

missbiggles1 wrote: »

Spousal maintenance is really rare this days - fortunately.

Extremely rare i would say. It is really only given now adays as a very short term temporary measure to save one spouse being destitute while the finances are being sorted. (and ime experience is usually set at a punative level by switched on judges to 'encourage' a partner who is being awkward about disclosing financial info.

The only time generally it is applied in an ongoing way is cases involving one very rich/VERY high earning partner.

People often refer to maintenance but actully mean child support.

chelseablue

Thank you all so much.

In regards to the savings, nearly all of it is what I saved before I met him.

In our joint savings account there is about £6,000 so I presume I would have to give him half of that?

The property is all in my name, I purchased it before I met him.

selloptape

Hi Chelseablue,

If you are married then your partner may have a claim to savings/equity, might be worth checking with a solicitor.

Good luck with everything, hope you're feeling okay.

chelseablue

selloptape wrote: »

Hi Chelseablue,

If you are married then your partner may have a claim to savings/equity, might be worth checking with a solicitor.

Good luck with everything, hope you're feeling okay.

No we are not married

rockm87

missbiggles1 wrote: »

Unless I'm misreading it, the OP has assets of over £42K.

but is still in debt? im confused.

missbiggles1

rockm87 wrote: »

but is still in debt? im confused.

I don't think that £600 on a 0% credit card (when you're sitting on £42K) counts as "being in debt" - most of us should be so lucky!

anna_1977

how long have you been together? I would pay the CC off with your savings and then get a solicitor's advise on the rest. My house was 100% in my name, when I spilt from x (we were married) I paid him 40k - I was let off VERY lightly, I was lucky enough to get a very good solicitor. You really do need to get some legal advice.

Pixie5740

anna_m wrote: »

how long have you been together? I would pay the CC off with your savings and then get a solicitor's advise on the rest. My house was 100% in my name, when I spilt from x (we were married) I paid him 40k - I was let off VERY lightly, I was lucky enough to get a very good solicitor. You really do need to get some legal advice.

The OP isn't married though and bought the property before meeting her OH. Everything is in her name. He might have built up a beneficial interest in the property is he was contributing towards the mortgage each month but whether or not he could actually get any money is a bit of a grey area.

anna_1977

Pixie5740 wrote: »

The OP isn't married though and bought the property before meeting her OH. Everything is in her name. He might have built up a beneficial interest in the property is he was contributing towards the mortgage each month but whether or not he could actually get any money is a bit of a grey area.

I had mine before meeting ex and everything including the mortgage was in solely my name and always had been, that's why I had to pay the 40k - for mortgage and bill payments.

I think legal advice on the property is needed, just want OP to be careful