Can I Afford a Divorce?

Talk to any Salt Lake City divorce attorney and there is a common theme. Divorce does not come cheap. Dissolving a marriage can also quickly dissolve your finances. Countless people throughout Utah currently find themselves in troubled marriages. Many already know there is little to no hope for improvement. Although divorce may be the best solution, many force themselves to stay in their relationship because they cannot afford to move out. What are the solutions?

Abusive Relationships Are Never Acceptable

If you are in a marriage plagued by physical violence or emotional abuse, there is no debate. It is time to get out. Stay with a friend or family member. If there are no other options, find the nearest shelter until you have sufficient time to improve your situation. If there is no violence in the relationship, try your best to make the situation as bearable as possible.

Have You Tried Mediation?

If the marriage is in trouble, there are some options that can help resolve differences with your partner. One of the most effective is meditation. Couples who file for divorce in Utah are required to attend at least one session of mediation. Unlike traditional divorce, which can often get combative, mediation allows constructive dialogue between both parties. During the process, an independent mediator will carefully listen to the questions, concerns, and grievances from both spouses. In some cases, couples are able to resolve their differences and ultimately save their marriage. Mediation is also an effective option because it is far less expensive than going through a traditional divorce.

Create a Financial Plan

Having a sound and organized financial plan can often make things easier. For example, many couples choose to open joint bank accounts. Depending on your personal situation, one solution is to keep the account open and to have each person contribute a certain amount each month to cover basic household expenses. One person can pay bills for the entire month while the other spouse can reimburse the other the next month. If you have a joint credit card account, shred them immediately and open an account in your name. If you are unable to pay off the remaining balance of the joint account, freeze the account. It prevents either partner from increasing the debt any further.

A Salt Lake City Divorce Attorney Can Help

Divorce and financial problems can often go hand in hand. It can make anyone feel helpless. While you cannot change the economy, you can take charge of your situation. The first important step is to seek representation from an experienced and knowledgeable legal professional with a track record of protecting the rights of each client and looking after their best interests. Attorney Christopher M. Ault understands the financial challenges and obstacles those who are going through a divorce face on a daily basis. He and his legal team at The Ault Firm utilize an aggressive and comprehensive approach to help place clients in the best position to succeed. To learn more, contact their Salt Lake City law office today and schedule a free initial consultation to discuss your case.