Divorce puts a real strain on your finances. Not only are you dividing your financial assets in half but also you have to pay for the divorce. This can add up to serious financial issues if you are not careful. Luckily, there are things you can do to lower the cost of your divorce. One such option is going for a collaborative divorce rather than the traditional process through a Pennsylvania court.
A collaborative divorce, Forbes explains, is when you work towards a settlement outside of court. You will meet together with your attorneys to discuss your situation and go through the process of who gets what and other details.
This option reduces your costs because you are not using the court’s time, so you get reduced court costs right away. You also can work through the process more quickly. This saves you money on legal representation because your attorney is not working as long on your case.
It also has some benefits that go beyond saving you money. Divorce also takes a huge emotional toll. You can save yourself a lot of hassle and heartache by working together to come to an agreement instead of fighting against each other in court. It is also better for your children if you can work things out together instead of through the court process which puts you against each other.
When you are already worried about how much money you will spend on your divorce, it does not help to get stuck in a court battle. Collaborative divorce allows you the chance to avoid many of the hassles while also reducing your overall costs, which makes the whole process a lot easier on you and your bank account. This information is for education only and does not constitute legal advice.