What is the difference between a financial order and a consent order?
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What is the difference between a financial order and a consent order?
A financial order is the only way to ensure that any financial obligations between you and your ex are cut. Consent orders are for divorcing couples who have assets to divide and who want to make their Financial Settlement legally binding.
What does a consent order mean?
A consent order is a legal document that defines how your financial assets and childcare are to be divided. Without a consent order, your spouse can come back at a later date and make a financial claim against you. Consent order means you are both agreeing to make a clean break.
Do both parties have to sign a consent order?
A Consent Order is a written agreement that is completed and signed by both parties and then sent to the Court to request legally binding Consent Orders. Separated couples (married or de facto) can apply for Consent Orders to finalise property settlement and/or parenting arrangements.
Can I get a consent order without a solicitor?
A consent order can be filed without the assistance of a solicitor, however, the legal paperwork outlining your financial agreement must be drafted by qualified solicitors.
