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Definition of a Financial Clean Break?

MagicJ

Experienced member
Member
All,

I'm looking for clarity on what is and isn't a financial clean break I.e. what prevents the ex from knocking on your door if you win the lottery the day after you've signed a conjunctivitis consent order

Cheers
 
From recollection the finance settlement is part of the divorce process and the draft of what is agreed is put to court.

Once court ratify then that's it. You have a clean break if that's what has been agreed. There could be things ongoing, for example a mesher order, but once the clean break is ratified by court that's it there's no future claims against you.
 
I believe it's a capital clean break. Which doesn't affect orders for maintenance etc. A capital clean break should be defined in the final order, as Roblox says. Meaning neither party can approach the other for capital or assets in the future. But this doesn't affect things like spousal maintenance, which can be varied up or down at any time (and ideally should have a cut off point). Unless it's a global order and then it can never be varied I believe and has to be paid.
 
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