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 being said, if you have assets and want to protect those assets your first concern should not be getting divorced as cheaply as possible. When it comes to getting a divorce, you may have to spend money to save money.
Going after a “cheap” divorce may have both short-term and long-term consequences. When negotiating the division of property, retirement benefits or the issue of spousal support it will pay to pay…read more about the cost of divorce
Mediation is far more affordable than most litigation. Most CFR Mediation cases are resolved for less than $2500 total, even with the presence of children.
Divorce Mediation allows those who are divorcing to create a plan that works for their unique situation from the onset. If children are involved mediation encourages parents to put their children first, improve communication for the future, and establish a plan for co-parenting that will work for the unique needs of their family.
Thanks for posting. I think that few couples consider the gross financial burden divorce can bring, and a bad credit rating can complicate things exponentially.