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The final word

At what point does a financial settlement following divorce actually become final, considers Theresa Cullen

21 May 2015

The recent case of Vince v Wyatt struck terror into the hearts of many an ex-spouse. The court allowed Mr Vince's ex-wife to bring a financial claim against him, in excess of 20 years after they had not only separated, but gone through the procedure of divorce.

While the value of Mrs Wyatt's claim is yet to be determined, the fact that the door was not automatically shut after such a long period of time, has passed and both parties agreed that they had been 'penniless' at the time of the divorce, mattered not.

Nervous ex-husbands (it is often the ex-husband) need to recall whether the DIY divorce had also included a finalisation of the financial claims.

The number of divorces with no accompanying financial claim has been steadily growing, reaching 50,000 in 2012. But even if financial proceedings were brought at the time of the divo...

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