Divorce: how to minimise costs in a recession
I was recently asked by The Daily Telegraph to offer my guidance on how couples might divorce without using up all their falling wealth in these harsher times.
I have included below a summary of my tips. You can read the full feature here.
- Move swiftly.
- Get your timing right.
- Make interim arrangements for paying bills.
- Save, don’t splurge.
- Consider using a collaborative lawyer.
- Look out for deliberately low offers and valuations.
- Always remember to keep valuing assets
- Cash is king in a recession
- Avoid Mesher orders.
- Know what to do if your spouse goes bankrupt.
Photo credit: Alan Cleaver.
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3 Comments
Simon on May 31, 2009 at 11:29 pm
Hi Marilyn. Since my wife announced she wanted a divorce, I’ve read the whole of your site – thank you for providing information is clear plain english. I’m also documenting my divorce online through my blog if any of your readers would also like to post comments or their own experiences.
Keep up the good work!
James Beglin on June 17, 2009 at 9:43 pm
Marilyn, you have hit the nail on the head. yes many couples are looking to save money as they get divorced. Your site certainly helps them to make good decisions even on a budget.