Financial Settlement Mediation
Our team of specially qualified and experienced Lawyer Mediators are accredited by the Family Mediation Council. We are able and ready to assist in facilitating parties reaching a financial settlement, following a breakdown in a marriage, civil partnership or other relationship. Financial Settlement Mediation can cover all aspects of property ownership, occupation debt and sharing of both liability and financial resources.
We appreciate that the breakdown of a relationship is a difficult and distressing time for all concerned, and because of this, you will receive expert impartial support from our trained Mediators while you work out what financial arrangements will work for you both in the future.
Book your MIAM
Our Family Mediation team are here to take the worry off your hands. We offer a Mediation Information and Assessment Meeting (MIAM) to discuss whether ongoing mediation is appropriate for your circumstances.
What happens when going through a divorce or separation
When embarking on a divorce or separation sometimes the hardest part is finding way to deal with all connected financial arrangements, initially and then covering all financial aspects to a point where there is “ongoing financial dependency” a “final” arrangement or “Clean Break” settlement creating certainty and control for each party.
Depending on individual circumstances, Mediation is often a useful, cost effective, quick and discrete process which is designed to help separated/ separating families explore various options and outcomes, in order to come to an amicable agreement regarding their finances.
What is Financial Settlement Mediation?
Financial Settlement Mediation is a type of Family Mediation which gives divorcing or separating families the opportunity to reach an agreement regarding their finances and property.
During the Mediation process, our trained Mediators will explore with parties their financial situation, encouraging them to think about what they would like for the future and how this can be achieved.
How does it work?
Financial Settlement Mediation can be tailored to suit your needs, availability, and preference. There are numerous ways in which a Mediation session can take place, such as:
- Face-to-face meetings: In face-to-face meetings, both parties are present in the same Mediation room with a trained Mediator. The role of the Mediator in this instance is to impartially manage your process, and help you come to an agreement that suits everyone.
- Shuttle Meetings: We understand that sometimes some parties are willing to take part in mediation, however, they would prefer to go through this process separately. During Shuttle Meetings individual parties will have their own separate and private room. In this case the Mediator will move between each room and update each party on the views and proposals made by the other.
- Remote Meetings: There are occasions whereby it is difficult to be in the same place at the same time, and due to the Coronavirus outbreak, carrying out remote Mediation sessions has allowed for us to continue assisting those who require them. In the appropriate circumstances remote mediation sessions may be suitable and offered to parties via the use of Zoom, Skype or WhatsApp video calling. Remote Mediation can take place using the ‘face to face’ or ‘shuttle’ process.
The purpose of Financial Settlement Mediation is to assist both parties in dealing with any issues they may have in a constructive and positive way.
There are a lot of the advantages to using the Mediation process including:
- Our Mediators are impartial
- Our Mediators are there to provide parties with information which may assist them consider options
- Mediators who can support your family in achieving arrangements which benefit all
- It may be FREE
- It provides a safe environment to explore all options and the reality of them for everyone
- It enables parties to make informed decisions and ensure they are “reality tested”
- Appointments are arranged at mutually convenient times
- It may save parties the costs associated with litigation
- The process is more informal than the Court process
- The Mediation process is a private and a discrete process
For more information please see our other related articles
How we can help
Our experienced team of Mediators are able to provide impartial support during what may be a difficult and distressing time.
The level of help you would like from us is entirely up to you. Our team members all have experience of helping people at difficult times in their lives and we are committed to delivering to you a professional and confidential service.
Our specially trained mediators are able to provide impartial support across the country, using remote video platforms.
In addition, we have a network of offices based in: Chesterfield, Nottingham, Mansfield and Derby.