Couples stay unhappily married for many reasons, including the cost of a divorce. With divorce costs potentially running into the tens of thousands, many people are afraid that their divorce will lead to a bankruptcy. Considering that divorce is one of the top reasons why people file for bankruptcy, this is a healthy fear.
Why is divorce mediation often less costly compared to a divorce?
3 major downsides of a litigated divorce
Divorce is a painful process that typically takes an emotional toll on all parties involved. Even if you mutually agree that it is the best option, you can likely expect a certain level of contention to follow. This is especially true if you choose to go through the traditional divorce process and duke it out in court. While this is the method of the majority, it is not necessarily the most productive path.
What is worth fighting over in a divorce?
The divorce process is notorious for fostering contention. Feelings of anger, pain and revenge can cause spouses to choose not to act cooperatively to hurt each other. Even without those emotions, disagreements over the division of property and time with children are inevitable.
Do I have to go to court for my divorce?
When you are facing a divorce, it may be the first time you have ever had to deal with a legal issue that has to go through the court system. As such, you may be wondering what the requirements are and if you have to go before a judge.
How to avoid a court battle in your divorce
Many people think that going through a divorce means they have to face a long and drawn-out court battle. The truth, however, is that there are many excellent alternatives to a contested divorce that goes through the court system.
Reducing stress during divorce
Divorce can be stressful and difficult. The emotions you deal with when ending your marriage can be overwhelming. From coping with the end of your relationship to the difficulties of resolving details to reach a settlement, you may feel like there is no way to alleviate the whirlwind of stress.
How to avoid unnecessary costs during divorce
Divorce can be costly -- often unexpectedly so. For example, the price tag of a two-day divorce trial can run to $25,000. Even a simple, uncontested divorce can cost more than a thousand dollars.
Common reasons people divorce
Unfortunately, marriage is not always easy. The sad truth is that not all marriages last until "death do us part." No matter how much love is present at the beginning, various things can lead to a marriage falling apart.
Career factors that contribute to divorce
Though couples join in matrimony hoping to have long, loving relationships, that does not always happen. While it is widely known that financial strains often result in marital troubles, people whose job's include the following factors also tend to have higher rates of divorce.
Telling your children about plans to divorce
You may have gotten your finances in order, found a new place to live or talked to your parents. But one step of divorce not to overlook in your preparation is deciding when and how to break the news to your children.