A final financial settlement order is made 10 years after divorce
Family/Divorce Article
09 February, 2017
There was a decision made by a Judge in the case of Glen Wiers who now has a multimillion pound fashion empire.
A final financial settlement order is made 10 years after divorce. It is reminder to all, that once Decree Absolute is pronounced, it is important that financial matters are also resolved and formally finalised.
Mr Wiers finds himself after 10 years of divorce, having to pay a significant amount of his fortune that he has built up, post-divorce. He had already given her the £600,000 family house at the time of separation.
It is reminder to those, that despite there being an agreement between the parties, only a Court Order with a seal, makes an agreement binding.
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