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Divorce/separation

Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.

Bank / credit card statements

5 replies

itsureis · 04/08/2021 18:47

My friend has been separated for a few months and has been advised to pay cash for high value items / nights out etc.

So I was thinking - under what circumstances might someone be asked to provide copies of bank statements ?

There are no children involved and proof of earnings could be obtained via accountants as both own businesses independently.

Thanks

OP posts:
Moutainwoman · 04/08/2021 23:33

All bank statements will need to be provided to the other side when the finances are being sorted for a period of 12 months. They then get to ask questions regarding expenditure

Bollindger · 04/08/2021 23:42

My friends ex questioned every item on her bank statement, he had no idea it Costs money to do this his bill was over £75k, hers was £12.

itsureis · 04/08/2021 23:56

Why is the ex allowed to question the items ? What can they accuse them of ... overspending in Primark ?

Can one partner ask for a lump sum/ financial settlement if the earnings are different even if there's no children involved or does it depend how ruthless your solicitor is ?

OP posts:
Moutainwoman · 05/08/2021 09:16

If they questions are for petty amounts my understanding is that the judge decides if you are required to answer them. Some people just answer them anyway to demonstrate openness but as pp said it is not worth quibbling over piddly amounts as it costs more in fees to query. Some ex partners do like the control though....

You can ask for whatever you want, but doesnt mean you will get it. and it starts off as a negotiation, if you can't come to an agreement it could end up being very costly and involve the court to decide. You would have to demonstrate your needs and whether you have enough to cover them, and what the other side earns, and what their needs are. So many factors, age, length of marriage, contribution, employment prospects. Good luck, it's shit.

noideawhatusernametochoose · 05/08/2021 11:33

As above, each side has to provide 12 months worth of bank statements with the Form E.

There's then the opportunity to query transactions (but I was advised this is for amounts over £500, not bits here and there) in the Questionnaire.

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