Family Mediation North East
Family Mediation North East
CONTACT CENTRES
CONTACT CENTRES
WELFARE BENEFITS
WELFARE BENEFITS
WELFARE BENEFITS
WELFARE BENEFITS
FINANCAL MEDIATION
At Pax Mediation, we understand that financial disputes during separation or divorce can be challenging and emotionally charged. Our financial mediation services provide a practical, cost-effective, and collaborative way to resolve financial matters without the need for court intervention.
Led by our experienced FMCA-accredited family mediators, we help couples address financial issues constructively, ensuring fair and tailored solutions that work for everyone involved.
WHAT IS FINANCAL MEDIATION?
Property and finance mediation is a structured process where a neutral mediator assists separating couples in resolving financial disputes. It focuses on creating agreements regarding:
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Division of Assets: Splitting property, savings, and other shared assets.
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Financial Settlements: Agreeing on spousal maintenance or lump-sum payments.
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Debts and Liabilities: Allocating responsibility for shared debts, loans, or credit cards.
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Pensions: Deciding how pensions will be shared or offset in the settlement.
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Future Financial Planning: Developing sustainable financial arrangements post-separation.
Learn more about how to divide finances here.
WHY CHOOSE FINANCIAL MEDIATION?
1. Cost-Effective. Mediation is significantly cheaper than court proceedings, saving you time and money while reducing stress.
2. Faster Resolutions. Most financial disputes can be resolved in a few mediation sessions, avoiding the lengthy court process.
3. Tailored Solutions. Unlike court decisions, mediation allows couples to create personalised agreements that suit their unique circumstances.
4. Reduces Conflict. Mediation fosters collaboration, helping couples maintain a constructive dialogue and reduce animosity.
5. Keeps You in Control. With mediation, you remain in control of decisions rather than having them imposed by a judge.
HOW DOES FINANCIAL MEDIATION WORK?
Step 1: Mediation Information and Assessment Meeting (MIAM)
Every mediation process begins with a MIAM, where our mediator assesses your case, explains the process, and ensures mediation is appropriate for your situation.
Step 2: Joint Mediation Sessions
During these sessions, the mediator facilitates discussions, helping both parties reach fair agreements on financial matters. Shuttle mediation is available if direct communication is not feasible.
Step 3: Disclosure of Financial Information
Both parties provide full and transparent financial disclosure, including assets, debts, income, and expenses. This ensures decisions are based on accurate and complete information.
Step 4: Reaching an Agreement
The mediator helps both parties work through disagreements to create a balanced financial settlement that reflects their needs and priorities.
Step 5: Formalising Agreements
Agreements reached in mediation can be formalised into legally binding documents, such as a Consent Order, with the assistance of a solicitor.
LEGAL AID FOR FINANCIAL MEDIATION
We are proud to offer Legal Aid-funded mediation for eligible clients, making mediation accessible to everyone. Legal Aid can cover:
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Initial MIAMs.
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Joint mediation sessions.
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Assistance with formalising agreements.
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Contributions to the other parties costs even if they're not eligible.
Check your eligibility for Legal Aid here.
COMMON FINANCIAL DISPUTES WE HELP RESOLVE
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Dividing the Family Home. Deciding whether to sell or retain the property and determining how proceeds or responsibilities will be shared.
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Pensions and Retirement Planning. Agreeing on how pensions will be split or offset to ensure fairness in financial settlements.
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Debt Allocation. Determining responsibility for debts, loans, or credit cards post-separation.
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Spousal Maintenance. Creating agreements for financial support to ensure fair outcomes for both parties.
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Future Financial Stability. Planning for long-term financial security for all involved, including children.
WHY CHOOSE PAX MEDIATION FOR CHILD MEDIATION?
1. Experienced Mediators. Our team of FMCA-accredited family mediators specialises in resolving financial disputes, ensuring a professional and efficient process.
2. Comprehensive Disclosure Process. We guide clients through a full financial disclosure process, ensuring transparency and fairness in all discussions.
3. Flexible Mediation Options. We offer both in-person and online mediation services, allowing clients to choose the format that best suits their needs.
4. Child-Focused Approach. For families with children, we prioritise creating agreements that support their well-being and financial stability.
Learn about child mediation here.
"It would have been impossible for us to sort this out on our own and we did not want the formality or expense of solicitors at this stage."
"The service made the process of separation easier. Helped clarify ways forward in terms of financial arrangements and the kids. Gave me some structure and focus, particularly when we agreed to timescales."
"Mediation helped us reach a fair agreement on dividing our property and assets. The process was professional, clear, and stress-free.”
HOW TO GET STARTED WITH FINANCIAL MEDIATION
1. Contact Us
Call, email, or fill out our online referral form to book your MIAM.
2. Attend Your MIAM
During the MIAM, we’ll assess your situation and explain how property and finance works.
3. Begin Mediation
Start mediation sessions tailored to your financial needs.
📞 Call us: 0800 058 4303
📧 Email us: admin@paxmediation.co.uk
FAQS ABOUT FINANCIAL MEDIATION
1. Do I need financial mediation if we’ve already agreed on most issues?
Yes, mediation can help formalise agreements and ensure all financial matters are addressed comprehensively.
2. What happens if one party refuses to provide financial disclosure?
Full financial disclosure is essential for mediation. If one party refuses, the process may not proceed, and alternative options may be required.
3. Can agreements made in mediation become legally binding?
Yes, agreements can be formalised into legally binding Consent Orders with the assistance of a solicitor.
Take Control of Your Financial Future
At Pax Mediation, we’re dedicated to helping families resolve financial disputes with fairness, professionalism, and care. Whether you’re addressing property division, pensions, or debt, our mediators are here to guide you toward practical, lasting solutions.
Contact Us Today
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Call: 0800 058 4303
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Email: admin@paxmediation.co.uk