Protect your marital assets
Freezing injunctions
Get an accurate, impartial and expertly prepared budget to defend against a freezing injunction.
If you’re facing a legal dispute that could impact your finances, such as a contentious probate claim, commercial dispute or divorce, you may need to defend a freezing injunction claim.
Freezing injunctions are a powerful legal tool to protect assets from being dissipated or removed during a legal dispute. Obtaining a freezing injunction prevents one party from disposing of assets that may be relevant to the dispute, ensuring a fair and equitable resolution.
If you have a freezing injunction against you, our budgets can help you identify reasonable expenses to the Court, to free some money so you can continue to live.
Don’t let your opponent get the upper hand. Let us help you protect what’s rightfully yours.
What is a freezing injunction?
A freezing injunction is a legal order issued by a UK Court that prevents one party in a legal dispute from disposing of their assets or transferring them to someone else.
Freezing injunctions are commonly used to ensure that one party doesn’t dissipate their assets before the Court can decide how they should be divided. This helps prevent situations where one party is left with nothing due to the other party’s actions.
In divorce cases, freezing injunctions – also known as Mareva Orders – prevent a spouse from hiding assets to avoid paying a settlement or court-ordered financial support. You can obtain one to ensure sufficient assets are available to enforce a judgement or award in your favour.
What does a freezing injunction do?
Freezing injunctions are often used in family or commercial disputes, where there’s a risk that a defendant will dispose of their assets to avoid paying a judgement. If a party is found liable for damages or owes a debt, their assets are frozen and can’t be moved or hidden until the matter is resolved.
They’re also used in divorce proceedings, where one spouse is concerned their partner has hidden assets or needs to preserve them until legal proceedings have concluded. If you find yourself served with a freezing injunction, you’ll need to provide a realistic budget to show the Court how much money needs to be released to support your living expenses.
At Pennywise Consultants, we can provide expert assistance to help you obtain or respond to a freezing injunction, to one to protect your financial interests.
Get financial security
Why do you need a freezing injunction budget?
A realistic budget is essential if you’re defending against a freezing injunction. It will help you provide accurate financial information to the Court and can be used to support your defence. An accurate, impartial, evidence-based budget will allow you to demonstrate your reasonable financial needs to the Court during the proceedings.
And in divorce cases, without a proper budget, you may not be able to secure the necessary interim allowance to support your case, or risk not being able to maintain a reasonable standard of living during the proceedings.
Reduce financial stress
Get peace of mind and reduce financial stress during the divorce process.
Identify Hidden Assets
Identify hidden or ‘disposed of’ assets so they can be accounted for in proceedings.
Accuracy Guaranteed
Impartial and precise budgets to support your claim and ensure fairness.
Cost-effective
Get expert guidance and advice to help you avoid excessive legal fees.
Avoid surprises
Avoid unexpected expenses that could arise during the case.
Improve your case
Strengthen your case in court and increase the chances of success.
Work with us
Why Pennywise Consultants?
Legal disputes can be stressful and emotional for all affected, without having to worry about your finances and assets being divided fairly.
We specialise in creating accurate, impartial budgets to help you obtain – or challenge – a freezing injunction.
Our independent, impartial reports are clear, easy to understand, and presented in a format most legal professionals accept.
We go the extra mile to help you and your clients make big decisions quickly and confidently, providing certainty and peace of mind.
We can do the same for you. Interested?
