Full Disclosure and Fairness: What Women Need to Know When Marriage Ends and Discovery Begins

It’s not often that you hear divorced parties, whether a man or a woman, say they got a fair shake in the legal process but for women who have been stay-at-home mothers and/or gave up careers to support a husband, fairness, or the lack thereof, can be frightening and even permanently scarring.

Education of women at earlier stages in life is the core solution to this problem so you’ll read more about programs and tools over the coming year to address these issues.

Help shape educational programs and tools by providing as much detail about your experience as you can manage or muster! It is absolutely NOT a fun task to think back about what went wrong, what you wish you’d known about your family finances, spending habits, retirement plans, etc., and it can be even more painful to think about how your case was handled (or mishandled) by lawyers and experts. So, I don’t ask this of you lightly. If you cannot spare the time, energy or emotion to do it now, please save this page and come back to it later?

Specific to the needs of women and improving outcomes, including preserving peace of mind and stability along the way, please consider and answer these questions. If you think of questions – to help women or men – and do not see them here, please make notes and reach out using the Contact form on this website. Thank you!

Forbes on Bankruptcy After Divorce

“Some people are pushed into bankruptcy by their former spouse. Let’s say they owned a house together but they either don’t want to sell it (because they want the children to keep living there) or they can’t sell it because it’s upside down. One of them agrees to pay the mortgage; it might be the spouse who lives there, or it might be the ex who is supporting him or her. But the mortgage doesn’t get paid. Maybe that spouse eventually files for bankruptcy, and the other one ends up having to file in order to keep the house and catch up on payments, or to discharge their responsibility for the remaining loan.”

What this Forbes article does not spell out is that professional misconduct plays a large role in ensuring that at least one of the parties doesn’t make it – meaning they are not able to maintain stability, to prosper, and to give the best they have to their children. Their best has been undermined and taken away. Many mothers and fathers are filing bankruptcy following divorce and child custody cases, but we believe much of this loss could be avoided.

Avoid BankruptcyWhen you review billing records and communications with child custody experts and between attorneys, you can see that, unfortunately, this is intentional in some cases. It is these cases we refer to when we ask authorities to review cases.

Forbes contributor Emma Johnson makes a sound argument here for paying attention to your credit score and working to protect yourself, but make sure you’re aware of the diligence needed in selecting professionals who will not aim for breaking the bank – your bank – in your family law or child custody case.

Financial matters are a key focus for our professionals belonging to our Resource Directory and for those featured on Pro Advocate Radio.

 

Check out ProAdvocateRadio.com to learn more from one of our financial advisors, Wendy Hayes. Wendy is a Certified Divorce Financial Analyst and is committed to helping families reset priorities so that their financial resources and time are preserved for themselves and for their children. Listen here to Wendy’s sound counsel.