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Financial considerations when going through a divorce

7 replies

drawoh · 02/03/2011 14:15

I am also writing on this page as am struggling to determine what I should be paying financially.
We have been seperated since March 2009 so 2 years, divorce goiung through right now.
We have 2 children which currently live with her ( one 19 and one 16 ).
She works 17.5 hours a week.
We sold the house in August 2009 and split the proceeds about 65/35 in her favour.
She then bought a cheaqer house with me as gaurantor on her mortgage ( probably a mistake )for her and the kids to live in.
I live in a rented room.
I pay her £300 a month maintenance for the younger child and £250 a month interest only for the mortgage.
She thinks I should pay the mortgage for the remainder of the term ( 12 years ) is this correct ?
SZhe also believes I should pay spousal maintenance indefinately. is this correct ?
I take home between £2000 and £2500 a month.
I am thinking soon of moving in with someone else who also has a child of 12 years old.
I am totally baffled by what I should be paying .
Any help would be much appreciated.

OP posts:
givemesomespace · 03/03/2011 13:55

Sorry, wouldn't know what is the right amount. Can citizens advice help?

paragit · 07/03/2011 11:20

worth asking the question on wikivorce's forum as they have experts there.

readinginsteadnow · 07/03/2011 11:48

Not sure about precise amounts, but ime it's very very rare to pay permanent maintenance nowadays. My parents divorced about 20yrs ago and my dad ended up with this situation, but even at the time, other solicitors were shocked. I think you've complicated things by being guarantor, but nevertheless you should pay upkeep for the younger child, and maybe the older one of still in ft education. If you sold the matrimonial home, then that's your ex's entitlement dealt with, surely?

pickyourbrain · 27/04/2011 15:02

That is absolutely the most shcocking thing I have ever read!!! You should pay HER mortgage?? on a house SHE is living in?? AND maintenance?? AND spousal??? Who are you? Paul Mcartney?

Don't be utterley ridiculous. Pop on to CSA website. You should be paying 15% of your NET income minus a pro rata for any time that the youngest child stays with you.

That's it.

Spousal maintenace my ares - is this 1950? I'm sorry, being a woman myself, but this is obsurd. Your responsibility is to your child, not your ex. And a grow man with a decent job should not be reduced to a rented room and bean on toast just because he said 'i do' once.

Grrrr.

LawrieMarlow · 27/04/2011 15:15

H and I have rccently separated and he will be paying maintenance for the children. He is going to be paying a bit above the CSA rate but he's not paying what you are by any means. And I feel what he's doing is fine (well not the moving out bit but the financial part).

pickyourbrain · 27/04/2011 15:32

I personaly can't think of anything more humiliating than having a man who didn't love me, and was in fact going to live with another woman, pay my mortgage and fully support my children.

According to CSA OP should be paying £300 per month. less if he ever has the children (i.e. £256 per month if he has them 1 day per week, 3216 if he has them 2 days)

I doubt a 16 year old costs more than £600 a month to care for. Therefore £300 is more than enough from one parent.

SHARPIEGIRL · 18/05/2011 21:26

Hello all, is there a forum / charity / support group of Dads who have lost their wife through tragic sudden passing. A friend is in this situation - and I wonder whether he would benefit from speaking to men in similar situation. He has very young twins to look after.

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