Author Topic: Discussion Financial Checklist and Legal ramifications of Standing  (Read 17915 times)

Online Songanddance

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Discussion Re: Financial Checklist and Legal ramifications of Standing
« Reply #80 on: January 17, 2016, 01:15:17 AM »
UK law is very different in that it is not as important as to who pays the mortgage as to whose names the house is in. This is assuming that the marital property is owned and not rented.
That said - the mortgage payments are taken into consideration by the courts - balance of payments and financial input V the financial equity etc..

If an LBS finds him/herself in the situation that he/she is not named on the house deeds then she/he can apply to Land Registry to get his/her name added on. IT is a relatively straightforward procedure and doesn't need the MLCer's approval. This has to be done before the D proceedings start though.

Each case for dividing the assets varies and as I am not Dd or legally separated - I cannot comment on that.

However what I have discovered is that legally one spouse cannot kick the other out of the marital home nor change the locks.
  If the MLCer leaves and doesn't return within 6 months then the LBS may change the locks (but the MLCer has to be informed) - However they have removed their marital right to enter the home at will.  They can only enter with your consent after that. If during that 6 month period they return - even for just a visit then it has to be a further 6 months of not being in the home from that date.
That said - all the possessions in the house are technically joint and the right to the equity is still valid.
« Last Edit: January 17, 2016, 01:18:46 AM by Songanddance »
BD march 2013
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Offline stayed

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Re: Financial Checklist and Legal ramifications of Standing
« Reply #81 on: January 19, 2016, 10:16:07 AM »
For me, I'll never be cavalier about my financial security again, H or no H. We can teeter on the edge of a precipice in this journey.

Nor me Osb!  We can love them to death, but living on the streets, penniless...proves nothing! 

PROTECT YOURSELVES my dear fellow LBS'S... nobody else will look after you! 

Hugs Stayed
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Reconciled July 5, 2006

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Offline Medusa

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Re: Financial Checklist and Legal ramifications of Standing
« Reply #82 on: January 20, 2016, 04:07:45 AM »
For me, I'll never be cavalier about my financial security again, H or no H. We can teeter on the edge of a precipice in this journey.

Nor me Osb!  We can love them to death, but living on the streets, penniless...proves nothing! 

PROTECT YOURSELVES my dear fellow LBS'S... nobody else will look after you! 

Hugs Stayed

Same. Whatever happens with my life, there will be separate finances.

We don't think they are going to so the things they do. Destroyed though we are, we've got to be smart. The MLCer is not the person we used to know, and many of them are positively fixated on money. Protect thyself. It leads to financial and emotional independence and is an important part of our healing process!
_____________________

Married 29 years. Divorced 12/7/16.
BD March 2013
D24, S22, Canine
Moved out November 2013
Bought townhouse for him and OW December, 2014
Mediation began April, 2014, completed June, 2015; round of mediation completed August 24.
My status: done and indifferent
____________________

That's was some f*cked up sh!t! I don't ever have to do that again!

Why are you holding on to that? How is it serving you?

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Offline MyBrainIsBroken

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Re: Financial Checklist and Legal ramifications of Standing
« Reply #83 on: January 20, 2016, 12:36:35 PM »
I was fortunate because I learned this lesson long before BD when my wife decided to stop working at one point and the loss of her paycheck put us into a serious financial bind. My solution was to start paying for everything myself and to let my wife do whatever she wanted with her salary. It worked out well because she paid for a lot of the extras for the kids and grandkids that we wouldn't have been able to afford otherwise and when BD hit and she left I had no problems financially because I had already been paying for everything. It wasn't until the state stepped in and told me I had to also pay for my wife's lawyer and a large portion of her new household expenses that I began to run into financial problems. And now that D32 isn't working and I'm making all of the payments on the house I helped her buy plus helping her with groceries and some of the kid's expenses I'm finding that my salary isn't nearly enough to support three households. But that's just financial problems which should be easy to solve compared to dealing with my wife's MLC.

Offline Ready2Transform

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Re: Financial Checklist and Legal ramifications of Standing
« Reply #84 on: October 17, 2016, 05:41:49 PM »
Bumpidee Bump Bump
"Unconditional love is the highest of high standards, and while we are letting go of our need to control the process of anyone else, we are taking within our lives complete accountability for our own experience."

http://seriousvanity.com/how-to-cultivate-unconditional-love-and-change-the-world/

Offline Thunder

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Re: Financial Checklist and Legal ramifications of Standing
« Reply #85 on: October 17, 2016, 07:05:52 PM »
Thanks Ready.

This is a very important issue for all LBS's.

Protect yourself and beware of the laws where you reside.

Stayed is right, no one else will take care of you.
A quote from a recovered MLCer: 
"From my experience if my H had let me go a long time ago, and stop pressuring me, begging, and pleading and just let go I possibly would have experienced my awakening sooner than I did."

 

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