Saving Money While Divorcing: What To Know
Everyone wants to save some money. Unfortunately, divorce is not known to be a cheap action. Just because you have heard of expensive divorces doesn't mean you can't save some money with your own divorce. Read on and find out more.
Uncontested is the Least Expensive Way to Go
If you meet the requirements, a simple uncontested divorce could be the way to go. Many lawyers will charge you a flat fee plus the county filing fee if your situation mirrors these points:
- You don't have any minor-aged children.
- You and your spouse have very little property and very little debt.
- You and your spouse agree on all property and debt issues.
Have a Kitchen Table Divorce
A kitchen table divorce does not necessarily involve a kitchen table. It just means the couple sits down together and discusses things among themselves, and it can take place almost anywhere that is convenient. When important divorce issues can be decided away from the lawyer's conference room or the courtroom, the savings can be substantial. If you want to have a kitchen table divorce, speak to (both of) your lawyers for guidance.
Spend Money to Save Money
You may have heard that paying for competent legal help can pay off later. When you hire a lawyer, the cheapest option may not be the best option. You can get a good lawyer at almost any price point. However, don't use the cost of legal advice as a factor in choosing your lawyer. Instead, choose a lawyer who understands your financial situation and can not only work with it but also provide more money-saving ideas.
Can You Afford to Divorce?
It's unfortunately common for couples to have differences in their income. When it comes to divorce, however, that disparity can lead to one of the parties being unable to afford their own representation. Family court judges usually hate to see parties without equal footing for their cases in their courtrooms. To even things out, ask your divorce lawyer about having the judge issue an order to determine how financial resources are affecting a divorce. The judge, in some cases, has the power to order the party that has more financial resources to pay some or all of the costs of divorce.
Mediate Things Out
If you can't work out a few issues, consider mediation. Although it does cost money, it's probably a lot less than paying court costs and other legal fees. Ask your lawyers to recommend a mediator they have worked with and that they trust.
Keep these tips in mind when looking for a divorce lawyer near you.