Hello again, thank you for requesting my assistance.
Nature of application: Tick the box that says: 'in connection with matrimonial or civil partnership...' and then tick the box that says 'to apply to vary' (or 'to apply to discharge') depending on which one you are doing
They can agree a new consent order discharging the earlier one between them and have it sealed by the court - this is a different type of application, but since they are already in court with her D50k application, that can be raised at that point and can be completed at that stage.
If they wish to agree a consent order ahead of the hearing (i.e. so the judge just needs to review and then seal it), one of them must instruct a solicitor to draft it, the other one then instructs their own solicitor to review the draft to ensure it is what they have both agreed - they both then sign it and the court will seal it if the court thinks it is fair and equitable (and they must both have had independent legal advice as the judge will ask for confirmation of this).
They can agree what they want - if the judge thinks it is fair the judge will seal it. They only need solicitors to draft and to review the document.
It's sealed by the court if the judge thinks it is fair.
They can do that jointly - or one of them can present it. It makes no difference if they are in agreement as both will need to sign it.
As I stated before, I strongly suggest you instruct a solicitor. It will be cheaper in the long run rather than ending up doing things wrong. This forum is useful, but it is for initial guidance, not a substitute for face to face legal advice.
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