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Getting the financial facts on divorce

Occasionally one party will seek to thwart the other parties application for financial provision by hiding assets or sources of income.

It is central to financial dispute resolution on divorce that each party candidly discloses their financial position – for example bank statements, accounts, wage slips and so on. This is usually done by agreement (voluntary exchange) or via sworn statements within court proceedings (exhibiting key documents).

Sometimes this may not provide enough information. For example:-

(1) Where the initial documents (or other information) suggest there are additional undisclosed resources or where there is other reasonable evidence of other resources.
(2) Where information may be required from third parties (new co-habitees or reluctant business associates).
(3) Where there are other assets which may require up to date valuations.

The court has a range of powers to enable it to access more information and documents which in appropriate cases will include:-

Requiring either party to reply to specified questions or to produce documents.
Requiring third parties to attend at court to produce documents and to answer questions.
To direct the valuation of assets.

The courts disapprove of “self help” or pilfering documents or material from the other party. Courts do not condone and may penalise such activity. Extreme caution is required.

We are able to provide specialist advice and representation in all issues of financial provision on divorce.

 

We are able to offer specialist advice.

Call 01323 720142 now for a consultation with a specialist Solicitor or a Lawyer at Lawson Lewis & Co.

 

Please Contact: 

Jeremy Sogno (Eastbourne & Peacehaven) (01323) 720142 E-mail
Mary Browne (Eastbourne) (01323) 720142 E-mail
Barbara Macdonald (Eastbourne) (01323) 720142 E-mail

 

 

 

 

 

Lawson Lewis & Co Solicitors Eastbourne, East Sussex

Lawson Lewis & Co Solicitors are regulated by the Solicitors’ Regulation Authority