We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Clean break order when we have no money

Decree nsi is being granted on 17th October.

We have no assets at all.

We both have small pensions but I earn over twice as much as him and my pension is final salary so is going to scale up. At the moment it’s a teeny tiny pension

I know why you should do a clean break order in theory but it’s a lot of money for me.

We’re fairly amicable and I doubt he’d ever think of stabbing me in the back at a later date
£5000 left to pay on credit cards, down from 40k!!

Comments

  • bouicca21
    bouicca21 Posts: 6,753 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    It’s worth it to protect your pension. You have no idea how yours and his circumstances and attitudes might change over the years. And either of you might win big on the lottery!
  • jbkmum
    jbkmum Posts: 294 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Sorry for the delay. Would he be entitled to claim on my pension in 35 years time? I’m 30 and this pension started this year.
    £5000 left to pay on credit cards, down from 40k!!
  • TBagpuss
    TBagpuss Posts: 11,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes. Unless there is an order then there is no time limit on when a claim can be made.

    A clean break order made by agreement need not be expensive and could save you a lot of stress further down the line.
    All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)
  • Socajam
    Socajam Posts: 1,238 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Ask yourself this question if the roles were reversed, would you be happy if you felt that he cheated you out of his pension?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603.1K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.