Divorce Debts
Getting divorced is hard for anyone as it involves emotions and regularly becomes a very bitter and long-winded process. To make matters worse, the cost of filing for divorce can cost thousands. According to a BBC News report, "The average cost of ending a marriage through the British courts is about £13,000." However, making a few changes can reduce divorce costs significantly.
Is it Possible to Reduce the Cost of Filing for Divorce?
A BBC News report on Jo Gideon covered how she reduced her divorce costs to £1,130. Divorced four times, she managed to keep the cumulative cost to below £15,000. Ms Gideon said: "I did a spreadsheet of all my indebtedness and tried to break it up into what I perceived as being joint indebtedness and my ex's, and to look to see reasonably, going forward, who could be expected to pick up what."
Act Swiftly to Reduce Divorce Costs
The longer legal proceedings take, the higher divorce costs will be. Marilyn Stowe, the senior partner at Stowe Family Law, stated that, "Issuing an application to court, timetables the case and can save legal costs in the long run." Early preparation, finding essential paperwork and planning will help to save money when filing for divorce.
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