Monday, April 19, 2010

Divorce in a Bad Economy - Introduction

Divorce is often a difficult, painful, and expensive process, which may only be magnified by today's challenging economic climate. Difficult issues such as spousal support, child support, and division of assets and liabilities can be further complicated by lay-offs, loss of benefits, and diminuation of the family's assets (such as the value of a home and/or 401K account).

Determining the income and financial needs of the family and the value of the parties' assets is further complicated by the lack of certainty about the future. When will the economy recover? When will the jobs return? When will wages improve? When can the home be sold and at what price? In such difficult and murky times, creative and co-operative problem solving approaches to divorce can provide a better result for everyone involved.

In the next blog, LawHelp will outline some of these approaches. To receive notice of future blog postings, you can also follow on Twitter at

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