Who it’s best for: Newly married couples without children and/or assetsĪ summary divorce, also known by other names like simplified divorce, is one of the easiest (and cheapest) ways to end a marriage.
Requirements (if any): Married a short time few assets no children no debt.
Cost: Typically just the cost of the court filing fee.
So, if you’ve found yourself deciding that divorce is something you need to face, how do you possibly do so without going bankrupt in the process? Let’s look at your options, most of them well under $500. It’s when attorneys get involved that you’re looking at over $10,000 at least. A basic filing fee can run you anywhere between $80 and $500, which is where Fagan gets her number from. While the exact cost you’ll pay varies by state, if yours is not an amicable divorce, you can expect to pay thousands. Firms that charge thousands of dollars are preying on ignorance.” “But an uncomplicated divorce should never cost more than $500. “We’ve been conditioned to think you need to contact a law firm,” says Nancy Fagan, owner of the Relationship Resolution Center in Plano, Texas. And it costs a lot… if you go the “traditional route.” The bad news, however, is that divorce still happens. While this study only considered data gathered from 45 states, it offers a more positive view of marriage. According to the CDC, just 2.3 in every 1,000 marriages end in divorce. The good news is that this statistic isn’t quite true. that 50% of all marriages end in divorce.
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