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A clean break means ending the financial ties between you and your ex-partner (husband, wife or civil partner) as soon as reasonable after your divorce or dissolution. Where there is a clean break, there will be no spousal maintenance payments. The only way you can guarantee that your ex-partner doesn’t try to make financial claims against ...
A clean break consent order can be of benefit because: You prevent future claims. You can both move on and so it may be easier to deal with the end of your relationship. It may minimise conflict when separating assets, including your house. It can prevent the expense of defending a future claim.
- This is where the court approves an agreement between you and your former spouse about finances. The agreement means that you and your ex-partner’s...
- A clean break is a type of consent order used after divorce. They mean that your finances become completely separate and neither of you can claim a...
- It is open to couples who are past the Decree Nisi chapter of the divorce process. This type of financial settlement requires cooperation, so you a...
- The financial agreement will cover both of your incomes and all of your assets and debts. You have to agree how the assets will be shared between y...
Mar 14, 2024 · A clean break order is a legally binding document approved by a court that ends all financial obligations between divorcing spouses. This type of order can cover assets such as property, savings, and pensions. It is designed to resolve financial matters between spouses in a way that prevents any future disputes.
- What Is A Clean Break Order?
- Why Is A Clean Break Order Important?
- How to Obtain A Clean Break Order
A clean break order is a type of financial order that is issued following a divorce. As the name suggests, it provides a ‘clean break’ between you and your ex-spouse. More specifically, it provides a clean break in terms of your finances. It therefore enables both parties to move forward and to be financially independent of one another. This will b...
If you do not obtain a clean break order, then your ex-spouse is permitted to make further financial claims against you at any point in the future (either for capital, income or both). This is regardless of whether you have been divorced for one year or twenty years. There are a number of legal cases that highlight the importance of obtaining a cle...
To obtain a clean break order, you need to make an application to the court. You can do this once the Conditional Order in the divorce proceedings has been pronounced. It is strongly recommended that you ask a solicitor to draw up the financial agreement for you (referred to as a consent order), and that they then send it to the court for approval ...
May 6, 2021 · A clean break order gives you exactly that: a clean break when you divorce. It means that there are no longer any financial ties between you and your ex. This means you won’t have to pay any maintenance or alimony. But it also means you won’t be able to receive anything from your ex after you part ways. It stops any claim that you might ...
- Carrie Tennick
May 23, 2017 · A clean break involves the dismissal of the claims by each spouse or civil partner against the other for financial remedies on divorce or dissolution. The parties can agree a financial settlement which provides for a clean break, but it is only once the court has approved the terms of their agreement and made a consent order that the parties will be released from any future claims.
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A clean break order is a type of financial order that is issued following a divorce or dissolution and ensures that all the financial ties between both parties are severed and effectively draws a line under the division of assets after your divorce or dissolution. Once a clean break order has been approved by the court, it means that no claim ...
