Divorce Doesn’t Have to Mean Bankruptcy

coin stackIt would be almost impossible to emerge from a divorce entirely unscathed, no matter which side you’re on.

But Castle Rock divorce attorneys know that with the proper planning, you can minimize the financial impact and give yourself a solid foundation upon which to begin your new life.

If at all possible, it may require putting off the actual filing until you can reach certain short-term goals. What you can’t put off is meeting with an experienced divorce attorney, who will help you decide what aspects you will need to consider and the best way to go about it.

Some things to consider:

  • Reach out to your network of friends and family for moral and financial support. First of all, if you find yourself in an immediate financial pinch, you may be surprised by those who are willing to lend a hand. Whether it’s a co-signature to get your own car loan or an offer of work to help you become financially independent, it can make a huge difference. Plus, if you can reach out to these people to help you cope with the emotional trauma of what you’re enduring, you’re less likely to indulge in unhealthy habits, such as shopping or drinking, to numb the pain.
  • Take an honest stock of your new expenses. Divorce is almost certainly going to mean you’ll be living with half the income you had before. Chances are, however, you’ll still have the same amount of expenses. A skilled divorce attorney can help either minimize your losses or ensure you get the financial support you need from your ex. But you’re still probably going to have to re-assess your entertainment budget and more. Consider you may be eating out less, ordering Netflix instead of going to the movies or attending free community events. Being wise about this can save you many headaches later.
  • Consider what’s worth fighting over – and what’s worth letting go. You may decide that ensuring your children a secure financial future is absolutely worth a lengthy fight. On the other hand, you may choose not to engage in a drawn out battle over the television or the cars.

It’s no doubt a distressing time, and it can be difficult to keep a clear mind through the fog of anger, sadness and disappointment. We’re here to help.

Colorado Criminal Defense Attorney Kevin Ellmann
Get your questions answered - call me for your free, 20 min phone consultation (303) 814-2600
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