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Form E2

2 replies

Iloverupertp · 08/01/2019 11:27

Hi
I’m gathering my bank statements for a court hearing(divorce)and they’ve asked me for average balance over last 6 months for my current account !
What’s the most accurate way of doing this ?
Thanks

OP posts:
Xenia · 08/01/2019 11:32

I am not sure how divorce lawyers do it but could you look at the sum bank statement as the balance at say mid month half way after getting your pay and after paying the rent or mortgage and then add those 6 figures and divide by 6? The problem is you cannot just take after you get paid or after the biggest expenses come out as that will be misleading. I am surprised they are interested as most people don't have much in a current account as it just covers your monthly expenses.

Collaborate · 08/01/2019 11:50

I would take the average balance to be the average of the balance each month just before you receive your pay. But that's just me. The guidance on how to answer this question is non-existent. The answer you give will paint a picture that the amount stated is what you have in savings. If it is spent on outgoings each month then you don't have the savings.

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