Cost of Divorce: Cost of Staying Together
Putting a price on sanity?
There have been so many articles on people who aren’t getting divorced because they “can’t afford it” that it’s making me a little alarmed.
The monetary cost of divorce is one thing. Certainly, divorce mediation is a less costly alternative to fighting it out in court, especially when finances are tight and savings are dwindling.
What people don’t see, and what I do see as a divorce professional, is the toll that staying together when you really should be living separately is taking on couples. Mediation cases are getting harder to settle because couples are really burning bridges by trying to stay in the same house, so by the time they get to mediation they’ve really used up all the good will that they had for each other.
And, of course, there’s always the couple that says, “Oh, living together will be fine,” and then I get a call for a criminal lawyer because someone called the police and one or both spouses is in jail.
But this didn’t start with this recession. It’s pretty much always been the case….
It was a crisis, alright. I didn’t think we would ever make it out. Mortgages were becoming more expensive than the houses they were paying for and being in debt was the rule, not the exception. Does this story sound familiar? It’s a familiar plot, but the setting here is Los Angeles, California, 1988. There I was, a fresh-faced divorce lawyer, newly admitted to the bar in the midst of a looming recession. There was no end in sight. Of course, things did eventually turn around, that is until the economic bubble burst again in the early 2000s, and then again in 2008 leading to the situation we are challenged with today.
Only today is different. It used to be that couples on the brink of divorce would separate and move into their parents’ homes until the dust settled. Not anymore. Now it’s all about staying together and trying to “make do” with changing your living situation being a last resort.
Sure, it sounds like a decent plan