Divorce Property and Settlement
The sheer emotion that can be caused by an ending of a marriage can be extremely heavy to bear.
Imagine a union sanctioned by state, made in front of friends and families and maybe even the Church, just broken apart by some unwanted circumstances.
Things get even worse when you throw the fight over divorce property into the picture.
All of the combined assets of a couple gained through the course of the marriage are considered part of the divorce property.
And even though there are cases where in certain properties are exempt from division, a majority of the property will still be divided by the court.
The court decides you and your spouse will have no control over how property, alimony and child support will be distributed.
The ideal setup is one where in you and your spouse both have a say while having an objective party to iron things out.
This is why an uncontested divorce is the ideal way to go.
Reaching a fair settlement is the best course of action for couples to resolve issues on divorce property, alimony or custody.
When you manage to complete a settlement through divorce mediation, you greatly diminish the risk of problematic decisions given by the court.
The courts can make decisions that may turn up as lose-lose situations for both spouses.
So it's a good idea to go with a settlement if at all possible.
If your divorce property is facing a possible foreclosure, or if you're deep in debt as a married couple, then you might want to consider filing for bankruptcy to protect your divorce property.
Bankruptcy protects most forms of property from foreclosure and repossession.
Plus it also lifts the burden of paying for certain debts from your shoulders.
Ideally you will have consulted with your spouse regarding bankruptcy before you are divorced, because filing for bankruptcy after divorce can lead to a number of complications that you will definitely want to deal with later on.
It will take a bit of added effort on the part of you and your spouse, but a good division of property can be achieved if the two of you are just diplomatic towards each other.
There are a lot of ways to protect your divorce property in the case of a divorce.