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Jul 10th, 2007

Beating the Financial Set-Backs of Divorce

In a country where about 50 percent of couples actually stay married, the process of divorce can oftentimes, not only be emotionally straining, but can be financially difficult as well.

From full-blown custody battles to the one-click No Fault Divorce Online site that ensures clients a fast and easy divorce for only $28.95, those thinking about parting ways are faced with a wide range of choices these days.

Online Divorce Sites

Online divorce sites are typically document-preparation services that don’t offer couples with legal advice or any counseling so the couple has to be in complete agreement with one another on all issues.

Collaborative Law

A cutting-edge approach that is becoming more popular with divorcees is the collaborative law approach.

The couple and their lawyers, who should be trained in collaborative law, simply sign agreements that they will settle the case without litigation. In this case, the emphasis is on collaboration, not combat.

With collaborative law the divorce can be finalized within four short meetings and the cost tends to be lower than the traditional divorce, $10,000-$15000.

Mediated Divorce

With a mediated divorce, the couple, with the help of a mediator, discusses all financial and custodial issues before writing a memorandum of understanding.

In most cases, the option of the mediated divorce has also proved to be economically and emotionally beneficial.

(Source: ABC News)

Are you or someone you know going through a divorce? Please contact us to schedule a FREE consultation with an experienced divorce attorney who will enable you to successfully get through this time in your life with minimal financial burdens. 

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