A Consent Order is the legal document which finalises financial claims on divorce.
There is normally a clause which states “in full and final settlement of all claims which either party has against the other”. Without this the door is always open to go back to Court to make a claim.
Who does not need a Consent Order?
1. Anyone with no money or assets and no prospect of earning money or assets, including a pension in the future.
2. Anyone who fully trusts their ex.
A Consent Order is filed with the Court and checked by a Judge. If the Judge has any questions or concerns he will either write to the parties or call them in for a Hearing. Once a Consent Order is sealed by the Court it is very difficult to have it set aside.