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Form E is a financial statement that parties in a divorce/dissolution case are required to complete and exchange as part of the proceedings. It is a comprehensive form that provides details about an individual's financial circumstances, including assets, income, expenses, and liabilities. The purpose of Form E is to ensure full financial disclosure is provided by the parties to assist in reaching a fair financial settlement or to assist the court in making an order if a settlement cannot be reached directly between the parties.
It is important to complete the Form E accurately and honestly, as it has a significant impact on the determination of financial matters related to the divorce/dissolution. If financial remedy proceedings are issued, the court will direct both parties to complete a Form E. In the absence of court proceedings, the parties may agree to complete Forms E on a voluntary basis. Either way, to complete a Form E, you should ensure that you provide accurate and comprehensive information about your financial situation. Here are some tips to help you with the process:
If there are court proceedings in place, the consequences of not submitting a Form E can be significant. Form E is a mandatory document that provides details about an individual's financial situation, and failing to submit it can lead to various repercussions. These consequences may include:
Where there are no court proceedings in place, and you have agreed to a voluntary exchange of Forms E, it is still important your Form E is fully completed, accurate, and has all the necessary documentary evidence attached, to avoid the risk of the other party issuing court proceedings.
For further information and advice on this issue, and other family law issues, please contact us for a free initial consultation on 01992 306 616 or 0207 956 2740 or email us.Back to Law Articles