7 Ways to Reduce the Cost of a Divorce
The divorce rate is rising these days and shows no signs of going down. There are a lot of reasons for the increase in the divorce rate – loss of ideals, increase in independence, increased money to spend and so on. A divorce can be painful emotionally and can also prove to be a drain in your resources. A large part, almost 95% of the money you spend on the divorce would be the attorney fee. Instead of losing an obscene amount of money paying your attorney, you could follow a few things and do a bit of research and reduce the cost incurred in your divorce proceedings. Here are a few ways to reduce the cost of a divorce.
1. Choose an attorney who is from your area
It is important that you choose an attorney from your area or someone who lives close. This is because they charge you by the hour and the time taken by them to drive to your place will also be counted as work. The closer the attorney is to you, the more money you can save.
2. Decide on the sharing of assets before you hire an attorney
If you cannot decide on the assets, it would prove to be a big problem as it could go on and on and the more time you spend wrangling the more you would be spending on your attorneys and the court.
3. Depending on where you live, find out if you can divorce yourself without going through an attorney
Some states have the provision where in which you can apply for a divorce and get it without having to go through an attorney. If this is possible, you should file for a divorce yourself.
4. Find out if you can do the paralegal and administrative work yourself
This can also save you a lot of money and will also keep you informed of how the case is being conducted and how it is progressing.