How You Can Save Money with Collaborative Divorce

Ending a relationship can be a rather emotional and tough decision. After all, no one chooses to separate or divorce unless the relationship has become unbearable. Some separating couples are able simply come to terms, “shake hands”, and walk away; most cannot. If you do not have children or property, the process is much easier. However, when there are kids and assets/debts involved, generally the process gets more complicated. Then there are some cases, where the parties have high conflict and can’t agree on parenting time, division or assets/debts etc. Just because your issues are complicated or you have high conflict, does not mean you spend your life-savings in litigation.

A growing number of separating couples these days use Collaborative Divorce. In Collaborative Divorce, each party would have their own highly trained certified Collaborative lawyer to represent them. Both parties and their Collaborative lawyers sign a participation agreement giving their commitment not to go to court. The parties and their Collaboratively trained lawyers attend 4-Way meeting (2 parties and 2 lawyers) and try to resolve all outstanding issues between the parties. Most separating parties go through more than one of these meetings.

The main focus during these meetings is to have interest-based negotiations rather than positional negotiation. The parties and their Collaborative lawyers, during these meetings, can also determine whether they need any parenting counsellors for their children, divorce coaches for themselves, financial experts, etc. Any decisions are done by joint agreement of both parties. 96% of the couples choosing the Collaborative process, successfully end the process with a fully signed separation agreement in place.

Collaborative Divorce eases the emotional and financial challenges during a separation. Typically, Collaborative Divorce helps you save tens of thousands of dollars compared to litigation. If you choose the Collaborative process, your lawyer will not have to appear in multiple court appearances, prepare and review documents and evidence for court hearings and simply wait in court for your matter to be heard. Moreover, you can eliminate the emotional trauma of participating in conflicts, which is a huge part of any litigation proceeding. Divorce Coaches, in a Collaborative Divorce can help you to manage the conflict properly, which can otherwise bog you down for months or years at the expense of your relationships, employment, mental health, finances, etc.

Whether your separation or divorce costs you your life-savings depends on whether you have a Collaborative Divorce or not. If you are going through separation or divorce and need more information on Collaborative Divorce or need a Collaborative Divorce lawyer, contact Rahul Aggarwal at Clean Divorce in Vancouver for a FREE 20-minute initial consultation.

 

 

6 Ways Collaborative Divorce Can Save You Money

So you’ve decided to divorce, and aside from just being emotionally overwhelming, you also have to worry about legal and financial complexities. However, if you choose to divorce collaboratively, you can actually get out of your marriage with minimum expenses and save money!

Being able to save money is one of the most compelling reasons as to why Collaborative Divorce continues to gain popularity.

The Financial Benefits of Collaborative Divorce Include:

(1) No Court Costs – Spouses are able to work out their disputes and resolve their issues without having to go to court. Both parties are required to sign an agreement stating their intention to resolve all matters without going to court.

(2) Reductions in Lawyer Fees Associated with Going to Court – In a traditional divorce, you would be billed by your lawyer for the time that they spend attending hearings and other court appearances, which can add up very quickly. Also, if the court became too busy, your case may have to be postponed. Your lawyer would have to refresh and prepare each time before court, which would also add to your bill.

(3) No Need for Specialized Court Documents – With divorce litigation, there is a huge cost associated with preparing specialized formal documents that must conform to certain rules. The formal documents take time.  More lawyer time = more money.

(4) Length of Time to Finalize the DivorceCollaborative Divorce is completed much quicker than traditional divorces. This shorter overall process keeps more money in your pocket.

(5) Save Time Away from Work – Attending court and meeting with lawyers means lots of time away from work. Courts set dates with no regard to individual schedules or obligations, and people often have to use up their vacation days. There is much more flexibility in the Collaborative Divorce process, accommodating schedules of both parties.

(6) Childcare CostsCollaborative Divorce helps you save money on childcare costs because you won’t have to take so much time meeting with lawyers or attending various court dates.  With a more flexible schedule, it would also be easier for you to arrange childcare with friends or relatives.

In summary, any divorce is going to cost you money, but if you and your spouse can agree to resolve your disputes and separate amicably, you will both benefit from a time and financial aspect.  Not to mention, you will be reducing the overall stress that divorce has on spouses and their families, and that is essentially priceless.

Call Clean Divorce today for a FREE 20-minute initial consultation. Rahul is a Collaborative Divorce lawyer in Vancouver and can answer all of your questions about Collaborative Divorce and Mediation, plus equip you with the information you need to make wise decisions for your life, your children, and your finances.