The Debt Advice Service
  • Woman upset with a man in the distance

    Managing Financial Difficulties Whilst Going Through a Divorce

    Going through a divorce or separation is never easy, that goes without saying.

    The emotional and psychological effects can be significant for all involved, not just for the two people who are separating. This includes children, friends and family members, meaning that everything must be handled sensitively and sensibly wherever possible.

    Managing the separation of finances can sometimes find its way to the bottom of the list of priorities, but getting this part of the divorce right is crucial to both sides.

    Firstly, it’s important to work out exactly what must be paid, such as financial support in the form of ‘spousal maintenance’, in addition to any child maintenance.

    One way to protect against financial difficulties with all of this, is to go down the cheaper route of reaching a ‘voluntary arrangement’ outside of court.

    A voluntary arrangement is an agreement between both parties about what should be paid and by whom.

    Mediation can help with this option, which can be a good move for everyone…

    …because if at all possible, avoiding going to court can really make a difference financially.

    The cost of a solicitor is a big concern for divorcing couples, and so it can be really beneficial to agree as much as possible with your ex partner before seeking the advice of a solicitor. Try to take advantage of solicitors who offer free advice as well, even if it’s only for 30 minutes at a time.

    If possible, you could also try to work with solicitors who offer a fixed fee, to make sure everyone knows exactly how much everything is going to cost ahead of time.

    If you find yourself struggling after the divorce, even with regular spousal maintenance, there are certain circumstances where more maintenance could be granted by the court.

    These include if you’ve been made redundant, if your ex-partner has received an inheritance or if they’ve moved in with a new partner and seen their household income increase.

    These all fall under the heading of ‘varying the court order’, but a solicitor will be able to advise if and when it’s actually worth going to court to pursue this in the first place.

    For the partner paying spousal maintenance or support, it’s important to contribute as much as you’re legally obliged to, or as much as you can on top of that, but it’s even more important to protect yourself from getting into debt as a result of paying maintenance you can’t afford.

    The first step with any of this is talking…

    …talking to your ex-partner and then talking to a solicitor, as varying the court order can work the other way round as well.

    There’s no easy way out of a divorce, it’s a challenging and life changing thing to go through.

    Managing or guarding against financial difficulties though, is one way of making the process a little smoother…

    …so, clue yourself up on what must be paid, when it must be paid, and who it must be paid by.

    Share This Post With Friend


    Lucy R.
    Lucy R.14-11-2020
    Read More
    “Always there at the end of the phone if I have any concerns, they’ve really put my mind at ease. Can’t rate them enough. Finally on the road to being debt free. Thank you guys!”
    Read More
    “I feel so much better about my debts and life has now started to get put back into perspective, so thank you very much for everything you have done!”
    Read More
    “The entire experience was carried out online and via telephone calls….it was as clear as day. I wish I was bold enough years ago. I can’t recommend you enough.”
    Read More
    “An absolutely excellent service. The representatives on the phone were more than polite and friendly, they made me feel so comfortable making a decision.”
    Read More
    “I can’t recommend enough, they are so understanding, non-judgmental and helpful. Finally had a good night’s sleep and can see a light at the end of the tunnel.”
    Read More
    “Very professional and helpful. Lifted a weight from my shoulders. Thank you.”

    Recent Posts


    The Debt Advice Service

    We will not charge you a fee for providing you with information to help you decide on an appropriate debt solution. However, if you subsequently enter into debt solution process we may receive payment from the provider for information that we have given to you in advance and/or for assisting you in gathering necessary documentation to begin your chosen solution. Any such fees will be explained in detail by the provider before commencing your chosen debt solution.

    Contact us today | Get on track to a debt-free life

    No one should have to deal with financial troubles alone. Whether you’re looking to resolve your financial struggle once and for all or just want to ease the burden by talking things through, we can offer you information and assistance on how best to proceed. Get in touch today to take the first step towards a better financial future. See if you qualify.

    "This has been a massive weight off my shoulders"

    Are you ready to do something about your debts? Don’t spend another day ‘thinking’ about it. Take control of your finances by clicking the link below and filling in the short form.