Divorce

They get married, they have kids and then they get bored and decide it's time to move on and suddenly they become worst enemies. This anguish all occurs through a little thing called 'divorce', which has now become one of the bloodiest battles to take place in the court room.

Those who have suffered through a divorce will understand that there are so many hidden agendas that can unravel in today's hearings. You would think it would be as easy as signing your signature, taking what's yours, and walking away from the relationship. However, divorces today are physically draining and especially stressful as each party wants to come out best. It's everyone for themselves, and to 'win' against the other party is predominantly what their aim is to do. Either way it's an exhausting struggle of power.
It seems to be the custodial side to every case that causes most controversy.

Who is entitled to what? The 'modern day divorce', now even allows couples to fight for the custody of their cats during a divorce! From the house, to the television, to the kitchen utensils; everything can be fought for these days. Then come the children, and where they belong? A resolution is a long and difficult process to come to, in even the most straight forward of divorce cases. However, whatever your legal entitlements may be during a divorce, there is one thing that most people will suffer going through all this for; getting back their freedom and getting out of an unhappy marriage.

You being declared single again is the simple part of the divorce; its the individual splitting of everything that you ever owned together, which makes it difficult. Its usually not the decision on the children or the possessions that make the divorce so tense (as these are usually mutually agreed upon quite easily), but the debt that occurs to each party because of the actual divorce proceedings. In most cases it's the
financial restraints in which they suffer that makes the settlements a quicker process. The quicker it's over with the quicker they can stop paying out. However, during messy divorces it's usually the decisions on money which are the hardest to resolve and prolong the whole thing.
Either way money plays a huge part in divorces. Money, generally plays a key factor both before and after a divorce case. After all it's no longer a case of 'what's mine is yours'.

There are so many financial risks involved in losing a partner. Both emotionally and financially, it is a painful process. The most deluded assumption that most couples make during divorces is that it will all be over with soon. The average divorce lasts from 1 to three years and costs can vary from a couple of hundred pounds to several thousand
pounds. It is a long term process and can prove to be physically, mentally and financially demeaning.
Other long term costs which escalate from a divorce are things such as a new mortgage for the leaving house member, and of course child support payments. Both are long term and both are expensive.

Now, with only one of you now bringing in the cash, these essentials can financially drain someone's bank balance. Therefore it can be said that if your preparing for a divorce, then also prepare for your income to be substantially lowered for the long term.

For those who's money obviously grows on trees, and can afford to get both married and divorced twice every year, whilst being able to pay for their ten children to all go to private school and drive Ferrari's, this may not be applicable. But in the 'real' world this is not a lifestyle available for the majority of us. In the 'real' world, divorces are therefore
still money eating monsters. The misconception that the two parties split whatever they own equally, is both popular but realistically inaccurate. It is not as simple as that, even if it is the aim. The costs and losses involved mean that parties must prepare for a serious change of lifestyle.

The foundations are frail and finances are extended even to
those who combine their means. Having to do that singularly, following a divorce will surely mean a lot of debt. Then come the solicitors fees that need to be paid off. Not to
mention the court fees. A divorce increases your financial outgoings the minute you decide to proceed with the divorce, and unfortunately do not finish at the point the divorce does, but carry on long into the future.

Huge debt, insolvency and even bankruptcy could be the result for any financially unstable individual. The reason people follow divorces through is to start a better life for themselves again. How is this possible when you'll be paying off what you legally owe for the divorce for a long, long time. It is therefore essential to analyze the particulars of your
divorce case, so that potential financial risks can be minimized for the future. To find out how to get financial support and advice previous or following your divorce, contact us today, and start enjoying your future.

Created by Rachel O'Rourke

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