Divorce is rarely a pleasant process, and it can get extremely expensive. Oklahoma oil man Harold Hamm shelled out $995.5 million in his recent divorce. The most expensive divorce ever belongs to Dmitry and Elena Rybolovleva. A Swiss judge ordered Dmitry, a Russian oligarch, to pay Elena an astounding $4.5 billion.
The average divorce
In America the average contested divorce cost between $15,000-$30,000 and takes around 6 months. This amount of money and time can cause tremendous stress and anxiety for both parties and any children involved.
Options for Divorce
Instead of the traditional battle in court, a mediation or collaborative divorce are both viable, and often optimal, alternatives. There are a few distinctions between the two you should be aware of, but both will most likely save you time and money.
In a collaborative divorce the attorneys representing each party will work together, without going to court, to find the best settlement option for both parties.
With mediations an unbiased third party, who is trained in mediation techniques, will handle the process and recommend a settlement option.
The biggest advantage in using a collaborative divorce or mediation is avoiding court. This keeps a judge out of the process and gives you more control. These methods can also save you a great deal of time, money and stress.
The attorneys at Baysinger, Henson, Reimer & Cresswell are skilled in both methods. They can act as the unbiased mediator or work collaboratively. They are passionate about peacefully resolving divorces in the most efficient manner possible.