How are debts owed to family members dealt with in divorce proceedings?
The first question for the court to determine is whether the debts are legitimate, and this is a...
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In the matter of J v J [2014] almost 32% of the couples' assets were spent on costs.
Although one might argue there were reasons to justify this, it has led to the High Court stating that; "a litigant should be able to demand a fixed price for each of three phases of a case." On this basis clients may secure better outcomes by feeling confident employing a lawyer rather than being self-represented.
It has long been our policy to offer fixed fees for the three phases of a financial case namely: -
1. Form A to First Appointment
2. First Appointment to FDR
3. FDR to trial
However, offering such a cost-effective service to clients requires both parties' lawyers to "buy in" to the commitment to their clients as far as costs are concerned. Otherwise, there is a danger of the escalating costs of one party still being paid out of the matrimonial assets – thereby depleting the assets available for distribution between the couple.
Please feel free to contact us for further information in respect of fixed fees.
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