Financial statements and bills representing liabilities and debts
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Guide · Financial Disclosure

Form E Debts: What Counts and How to List Them

📅 Updated May 2026 ⏱ 5 min read 📍 England and Wales only ⚖ Not legal advice

Debts and liabilities must be fully disclosed on Form E — not just assets. The court needs a complete picture of your financial position, including what you owe, to whom, and on what terms. Incomplete disclosure of liabilities is just as problematic as hiding assets.

Section 2.9where liabilities are declared on Form E
Allliabilities must be disclosed — not just large ones
Jointdebts declared by both parties separately

Where are debts declared on Form E?

Liabilities are declared in Section 2.9 of Form E. This covers all debts and financial obligations in your name — sole or joint — other than mortgages, which are declared alongside the relevant property in Section 2.1.

For each liability you must state the creditor, the current outstanding balance, the monthly repayment, and whether it is in your sole name or jointly held. You do not need to attach statements for every debt, but you should be prepared to provide them if asked in a questionnaire.

What debts must you declare?

Type of debtMust be declared?Notes
Credit cardsYesState the outstanding balance at the date of Form E, not the credit limit
Personal loansYesInclude bank loans, loans from family members, and any informal lending arrangements
Car finance (HP or PCP)YesState the outstanding settlement figure, not the monthly payment
Student loansYesInclude outstanding balance; courts treat student loans differently from commercial debt
Tax liabilities (HMRC)YesParticularly relevant for the self-employed; include any agreed payment plans
OverdraftsYesState the outstanding amount drawn, not the overdraft limit
Buy now pay later balancesYesDeclare any outstanding balance even if interest-free
Loans from family membersYesThese are scrutinised carefully — courts look at whether they are genuine liabilities or informal arrangements
County Court Judgments (CCJs)YesInclude any outstanding CCJs even if disputed
💡 Check your credit report before completing Section 2.9 A free credit report from Experian, Equifax, or TransUnion will surface every registered debt in your name — including ones you may have forgotten. Run one before completing Section 2.9 to make sure nothing is missed.

How are joint debts handled?

Joint debts — such as a joint credit card or a loan taken out in both names — must be declared by both parties. Both parties are jointly and severally liable for joint debts: the creditor can pursue either or both of you for the full amount regardless of any agreement between you about who should pay.

In the context of Form E, each party declares the joint debt in their Section 2.9 and notes that it is joint. The court will take this into account when considering the overall financial picture. A financial order can direct one party to take responsibility for a joint debt, but this does not bind the creditor — the lender can still pursue both parties if the ordered party defaults.

Family loans: how courts treat them

Loans from parents or other family members are a common feature of divorce cases — and a common source of dispute. Courts approach them carefully for several reasons:

If you have a genuine loan from a family member, attach any loan agreement in writing and be prepared to explain the terms, the repayment history, and why the loan was made. The more documentation you have, the stronger your position.

⚠ Creating new debts after separation can attract scrutiny Debts incurred after the date of separation — particularly large ones — can be questioned. If you have taken on significant new debt since separating, be prepared to explain what it was for. Courts are alert to debts incurred to reduce the apparent value of one party's asset pool.

Does it matter whose name the debt is in?

Yes, but less than people expect. In financial remedy proceedings, courts look at the overall financial position of both parties — assets and liabilities together. A debt in one party's sole name will generally reduce that party's net financial position. However, courts have discretion to order one party to take on responsibility for a debt regardless of whose name it is in, particularly if the debt was incurred for the benefit of the household.

Person reviewing financial liability documents and statements

Running a credit check before completing Section 2.9 ensures no registered debt is accidentally omitted from Form E.

How are debts treated in a settlement?

There is no automatic rule that debts are split equally or that each party takes responsibility for their own debts. Courts take a holistic view. In practice, common outcomes include:

Completing Form E yourself?

The DivorceCompanion Form E Builder guides you through the debts section and all 28 sections in plain English, with a built-in checklist to make sure nothing is missed.

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General information only. This guide provides general information about Form E in England and Wales. It is not legal advice. DivorceCompanion is not a law firm. For advice specific to your situation, consult a qualified family law solicitor at solicitors.lawsociety.org.uk.