A divorce can often leave you without any liquid assets. Regardless of how amicable your divorce is, it can be expensive. If you have children, custody arrangements will need to be made — even if your relationship with your ex-spouse is quite good. So what can you do if you can't afford a divorce?
Arranging a Payment Plan
There are divorce attorneys who will work on payment plans, with the understanding that no one is at their most financially stable when they're going through a divorce.
If your finances aren't looking too hot these days, you may be looking at the possibility of filing for bankruptcy. While it's true bankruptcy can help eliminate some of your debt, this is obviously a serious step that can have long-term consequences. If you want to increase the chances of getting your bankruptcy approved, here are three rookie mistakes you'll want to avoid.
Don't Acquire New Debt Immediately Before Filing
When a couple that has children goes through the process of divorce, it can place tremendous stress on the emotional well-being of the child. While protecting the emotions and well-being of your child can be challenging when you are going through a divorce, there are effective strategies for better managing this challenging situation.
Be Honest With Your Child About The Causes Of The Divorce
It is important for divorcing parents to be as open and honest as possible with their children.
When consumers purchase products, there is an inherent understanding that the products are largely safe or that they will at least function as intended. Unfortunately, there are many individuals that will be injured as a result of using faulty products, and when this is the case, they will need to have an accurate understanding about their rights as product liability victims.
Myth: Only Products With Defective Designs Are Eligible For Product Liability Lawsuits
Whether you have had two different households from the beginning or are in the process of a separation or divorce, raising children across more than one home can be difficult. There are a lot of things to keep in mind and care has to be taken in order to ensure that the children involved have everything they need. In many cases, this means that one party pays child support to the other in order to ensure that the child is well taken care of.