Divorce is an emotional process, and all too often, individuals involved in divorce tend to make decisions that are not in their best interests, especially when it comes to finances. Unfortunately, financial fallout from divorce is more common than not, and it can take years to rebuild your financial health following a divorce. By taking…
Most people are not in the habit of creating a written contract every time they make a promise to another person. In society, we expect that people will keep their promises, and many people put great stock in always keeping their word. However, without a written contract, how much is an oral agreement or promise…
More and more people these days stay together because they believe they can’t afford to get a divorce. For those who truly have no money, they may qualify for pro bono legal representation through organizations like the Benton-Franklin Legal Aid Society. For others, the cost of divorce may be a daunting expense, but here are…
When you know that a divorce is in your future, it is important to take steps for to prepare yourself financially for life as a single person. Many married people, especially those who have been married for a long time, have forgotten how expensive living on your own can be. If you are planning to…
Not many people want to continue living with their former spouse during or after a divorce. However, many former couples simply cannot afford to move out as soon as the relationship falls apart. Other couples may need to wait until they find a buyer for their home before either spouse can afford to leave. In…
January is the most popular month of the year for couples to file for divorce. Many people who are considering splitting up wait until after the holidays to file, so that their family Christmas and New Year celebrations are not ruined by the looming shadow of divorce. While getting divorced in January may feel like…
Sometimes in life, we are fortunate enough to receive a little extra money. Whether it is a bonus at work, a settlement in a car accident case, or a large tax return, these payments can help parents pay off bills or purchase a long-coveted item. For parents who have child support obligations, these lump sums…