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s.25 statement question

  • dd1232
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29 Dec 23 #522200 by dd1232
Topic started by dd1232
Hi, I read on one of the Gov. sites that current figures are to be used in s.25 statements. A bit confusing
because the order states s.25 statement and updating disclosure to be filed/served 4 weeks prior to final hearing, do you use the figures from the previous updated disclosure as they would be the most recent ones available. Also am I right in thinking the s.25 criteria affecting both parties needs to be addressed in the statement eg assets/liabilities. mortgage raising capacity etc.

  • hadenoughnow
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30 Dec 23 #522203 by hadenoughnow
Reply from hadenoughnow
The s25 is about your needs and the means you have between you to meet them. If there have been any major changes in financial position, these should have been notified on the way through the process, not left to updating disclosure ahead of the hearing.
You should therefore assume there will be limited change to the figures but can include a form of words making it clear that there may be adjustments as a result of updating disclosure.
If you have a look in the library you will find a useful template for a s25 statement. Remember it should be factual and focused on needs, supported by evidence where possible.
If the updating disclosure needs to be addressed ie because it reveals something that may make a material difference to any settlement, you can do that in a position statement closer to the hearing.

Hadenoughnow

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