Consultants + Divorce Proceedings: The Challenge
As consultant, preparing bank statements for divorce proceedings is a common but time-consuming task. Divorce financial disclosure (Form E) requires detailed bank statement analysis. Solicitors and clients need to review months of transactions to identify assets and spending.
How BankScan AI Helps Consultants with Divorce Proceedings
Convert your bank statements to structured spreadsheets to match client payments, track project expenses, and prepare invoices and tax returns efficiently. For divorce proceedings specifically, BankScan AI extracts Hidden income, undisclosed accounts, transfers to third parties, luxury spending automatically.
How Consultants Handle Divorce Proceedings
When preparing bank statements for divorce proceedings, consultants need to Consultants invoice clients on retainer, milestone, or time-and-materials bases, then reconcile bank statements to verify payments received. They trac. BankScan AI automates the data extraction step.
Key terms you'll encounter: retainer, day rate, scope creep, utilisation rate.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 12 months minimum, often 2-3 years for asset tracing and establishing spending patterns during the marriage of statements for divorce proceedings.
AI extracts what you need
Our AI extracts Hidden income, undisclosed accounts, transfers to third part — formatted for consultants workflows.
Complete your divorce proceedings work
Download Excel files ready for divorce proceedings. Organised by account with running totals, suspicious transactions highlighted, summaries matching Form E sections (income, liabilities, expenditure)
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for Consultants — Divorce Proceedings
- Built for Consultants — Saves 1-2 hours per month on client payment reconciliation and expense tracking across multiple concurrent engagements
- Software compatible — Output works directly with Xero, FreeAgent, Harvest
- Built for Divorce Proceedings — Convert bank statements to searchable Excel spreadsheets for Form E preparation, asset tracing, and financial disclosure in divorce proceedings.
- Key data extracted — Hidden income, undisclosed accounts, transfers to third parties, luxury spending, dissipation of assets, regular savings contributions, mortgage payments
Compliance: Consultants + Divorce Proceedings
When consultants prepare bank statements for divorce proceedings, specific compliance requirements apply.
- IR35 rules may apply to consultants working through limited companies. VAT registration is common above the threshold. Professional indemnity insurance costs must be tracked. Companies House and corporation tax obligations apply for limited company consultants. Self-employed consultants must file self-assessment returns.
- Legal basis: Family Procedure Rules 2010 Part 9; duty of full and frank financial disclosure established in Livesey v Jenkins [1985]
Divorce Proceedings — Built for Consultants
Form E must be filed by the court deadline, typically 35 days after the directions order; late disclosure can result in adverse cost orders
Try Free — Consultants + Divorce Proceedings