Filing for divorce is an emotional process. For many, this is the focus of their energy and time during the proceedings. However, you may not realize that the cost of divorce increases the more time it takes. Learn more about the cost of divorce and what you can do to reduce what you must pay.
Factors that increase the cost of divorce
If you and your spouse can agree on key issues in your divorce, keeping the related costs down is easier. You can expect to wait around 12 months to finalize your divorce in these situations. However, if you must go to trial to resolve one or more contested issues, the average time extends to 18 months (sometimes longer). Going to court means more attorney fees, filing fees, court reporting services, and other court-related expenses. Unfortunately, the cost of divorce can surge significantly if you can’t agree on key issues with your spouse. Additionally, unlike other states, Virginia has no set filing fee. Your cost depends on where you live and your situation.
How to reduce the cost of your divorce
Since so many factors can increase the cost of your divorce, you likely want to find ways to save money. After all, once the divorce is final, you have a new life to build – and that can get expensive. You can save money on a divorce by agreeing on as many issues as possible with your spouse. This means it may be necessary to be flexible and compromise on issues. If you and your spouse are able to agree on all important matters, you may be able to file for an uncontested divorce, rather than move toward litigation.Divorce is emotional and expensive. Knowing your legal rights and options when filing is important to avoid paying more than necessary. Seeking advice is a great way to ensure that your divorce is handled as quickly as possible.