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foreign [Music] separation agreement is not the same as a financial order although it can be used as evidence in court proceedings a financial order is a court order that sets out the division of assets and financial Arrangements between you and your ex after a divorce it is legally binding and can be enforced by the courts if necessary a separation agreement on the other hand is a written agreement between you and your ex that sets out your financial arrangements and other agreements during a separation it is not legally binding but it can be used as evidence in court if you later decide to get divorced its important to seek legal advice to ensure that your separation agreement is fair and will hold up in court if necessary