The English divorce court is very firm about seeking full and frank disclosure about each party’s assets.
Firstly a lengthy Form E needs to be completed with documentary evidence attached. If this is not completed fully than a questionnaire can be raised asking pertinent questions about the party’s finances and an order is made at the F.A. for this to be responded to within a certain time.
If a party fails to adequately respond to questions than they can be imprisoned although this is rare and done in extreme circumstances.
Any costs wasted at hearings can be imposed upon the other party to make them realise the seriousness of the situation.
For more information, please get in touch with us by using info@shortlands.co.uk or call us 02076299905 or book an initial online consultation.
Shortlands is a boutique family law firm with over 20 years of experience in dealing with the trials and tribulations of a divorce and all family law matters. As a result, we have become the first choice of family law specialists in London.
Our professional and highly experienced team of family lawyers can assist you in your legal matters with full respect, ensuring you maintain a private family life. For more extensive advice and information, please email info@shortlands.co.uk or call us 02076299905 or book an initial online consultation.
Financial disclosure is the process of sharing full, frank details of your income, property, debts and other assets. This allows both parties to negotiate from an informed position, with all the facts on the table. Full disclosure is required whether you settle or go to court.
If one spouse tries to conceal money, transfer assets, or provide misleading information, the court can take serious action. This may include penalties, adverse inferences, or setting aside agreements. We use specialist tools and orders to identify and expose hidden assets.
Hidden assets can be traced through bank statements, company records, property searches and forensic accounting. We work with experts who are experienced in identifying unusual financial patterns. The courts also have powers to compel disclosure where necessary.
The court can order disclosure of key financial information, and penalise a party if they refuse to provide what is requested. The court can also draw cost consequences if a spouse or civil partner simply refuses to comply. We work to ensure that your spouse or civil partner is kept to their obligations.
Yes, financial orders can be reopened if it is proven that assets were deliberately concealed during the original proceedings. Courts take non-disclosure very seriously. We help you take swift action to correct unfair outcomes.
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