Sunday, April 17, 2011

Cost of divorce

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The average cost of divorce in the United States is $ 15,000. The good news is that the cost of a divorce can be managed just as you manage a household budget. That said, if you are active and want to protect those assets your first concern should not be divorcing as economically as possible. When it comes to getting a divorce, you may need to spend money to save money.

Go after a divorce ' economic ' could have consequences in the short and long term. During the negotiation of the Division of property, retirement benefits or the issue of spousal support to pay for pay ... if you know what I mean.

Since your divorce costs depends on the route you take when getting a divorce. Below are four main ways of obtaining a divorce:

The Court of divorce:

If you and your spouse are able to mediate and come to an agreement on issues such as the Division of property, custody of the child or spousal support, the next step is to divorce court. This is when it gets expensive. You will be hiring lawyers and other experts to advocate for you in court. There will be court costs and filing fees to pay. You will pay your lawyer at the time and cost of which depends on which area of the country you live in.

If you get lucky you will both lawyers willing to work together to reach an agreed solution. If you become the victim of adversarial lawyers drag out divorce and when this happens, the costs become prohibitive.

Mediation:

Divorce mediation is an alternative to Court litigation for resolving disputes that arise as two people divorce. A broker acting as an impartial third party helps couples work through their divorce issues to reach a mutually agreeable solution. This is a voluntary process which allows couples to maintain control over the outcome of their divorce without hiring lawyers and going to divorce court. The only cost associated with a mediated divorce is the cost of the Ombudsman, the sums paid to have an attorney review the agreement and filing taxes with the Court.

Do It Yourself/Pro Se litigation:

Pro Se divorce litigation means that represent themselves in your divorce without a lawyer. Must follow procedures that are the same, if you're Pro Se, but you will be responsible for filling and presentation of all legal forms. Costs only of Pro Se litigation are submitting taxes and fees should go to divorce Court and represent themselves.

Collaborative divorce:

In a collaborative divorce there will be two lawyers, two coaches, a financial expert, collaborative divorce and if you have children one child specialist. Although the collaborative divorce may be costly in the long term is much less expensive than a long, drawn out by chance contested divorce. During the collaborative process, you pay every specialist own hourly rate, but there are court costs or filing fees associated with the process.


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