Services

Financial Matters

When a couple decides to separate or divorce, all questions regarding their finances need to be resolved.  Arguments over who keeps what, where everyone will live, and what to do about things like bank accounts, debts and pensions can often make a bad situation worse.

As the largest and longest-established family law firm in Wales, Wendy Hopkins Family Law Practice has the expertise to advise and assist clients in this situation to come to the best available solution.

We always strongly encourage people to discuss matters with their ex-partner, either directly or through mediation, with us providing advice and support each step of the way prior to any agreement being reached.

If it is not possible to reach agreement, then it may be necessary to go to court to resolve matters, and have the court make a decision on what will happen to your assets and property.  If this happens, we will be there to help you through the process. Our specialist team of dedicated family law solicitors can help provide clients with the appropriate expert legal advice to make sure your interests are protected as far as possible, and keep you updated throughout.

 

A GUIDE TO FINANCIAL ISSUES

Court proceedings can be both lengthy and costly, and it is always far better to reach an agreement if at all possible.  We will do our best to help you achieve this, providing you with the honest, accurate advice you need in order to make an informed choice.

However, there are some situations where going to court is unfortunately an unavoidable last resort, and should that be the case, we will work hard on your behalf to protect your position.

Going to court usually involves the court setting a timetable, requiring both spouses to complete detailed financial statements together with supporting documentation.  We will work with you to prepare all the required documents, including a Statement of Issues, Questionnaire and Chronology.

There is then a first court appointment, at which a judge will set out an agenda for your case, usually including a date for a Financial Dispute Resolution appointment (FDR). The purpose of the FDR is to see if it is possible to come to an overall financial settlement. Frequently, this is achieved, and the judge will then make an order to put the settlement into action.

If it is not possible to achieve a settlement at that stage, the judge will fix a date for a final hearing.  The overall timescale of these proceedings can be nine to twelve months. The vast majority of cases settle by agreement without the need for a final hearing.

We have a very high success rate in securing appropriate financial settlements for our clients, and we pride ourselves both on the high quality of our service and our empathetic, approachable and adaptable outlook.

As the first and largest specialist family law firm in Wales, we believe that our experience and size mean we are in an excellent position to give the best possible service to each and every client, and we will always work to find a creative solution to every problem.

 

NEXT STEPS

To discuss your financial issues regarding separation, or to book an appointment with one of our dedicated specialist lawyers, please call us on (029) 2034 2233, e-mail enquiries@wendyhopkins.co.uk, or request a call or e-mail below.

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