Divorce is difficult, and it is frequently challenging in a variety of ways for everyone involved. Divorce is stressful and causes major life changes, all of which have an impact on the parties’ most critical relationships. Lifestyle adjustments, shifting financial responsibilities, and expenditures associated with raising children apart are all taken into account.
If you do not have advice, navigating the financial burdens associated with filing for divorce can be challenging. Knowing what to anticipate, including your options if you can’t pay the fees, will help you avoid financial worry.
What to Plan for Financially When Divorcing
In Kentucky, a divorce typically costs $13,500. There is no need to freak out because the final divorce cost might vary depending on a number of factors, such as:
- Whether the divorce is contested or uncontested
- Filing fees costs in your state
- The assets at stake
An uncontested divorce is the better option financially. You and your ex-spouse can frequently come to an agreement more quickly in an uncontested divorce, and you won’t have to pay to appear in court. In Kentucky, some people can anticipate paying up to $50,000 for a contentious divorce! Court fees ($120 per day) and competent attorney’s fees ($350 per hour) might quickly drain your bank account.
If you and your ex-spouse are divorcing and cannot agree on how to divide your assets, the court may decide for you. The ultimate decision on possession of assets that were formerly yours or were agreed upon would be made by the Court, which has no understanding of the sentimental, emotional, historical, or personal significance of the property.
What if I Can’t Afford to Get Married?
Almost everyone who is thinking about getting a divorce considers how affordable the process will be. Even if it is a daunting concept, people involved should still move forward if a divorce is the best course of action. There are numerous strategies for controlling divorce expenses. These consist of:
- By yourself, mediate your divorce. Long-term financial savings from an uncontested divorce may total thousands of dollars.
- Request a charge waiver here. If you qualify, the Court may waive fees after hearing from you about your financial situation.
- A loan to cover divorce costs and fees may be obtained with acceptable credit. Sell pricey stuff.
- Selling possessions you no longer use but still have worth could net you money to help with divorce costs and/or fees if you are prepared and willing to part with the goods.
If you’re worried about how much your Kentucky divorce may cost, get in touch with Paducah Divorce Lawyer to arrange a free consultation with a skilled divorce lawyer.