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The Financial Reality of Divorce

The Financial Reality of Divorce

Ending a marriage is a painful process. Emotions run high as both spouses try to deal with the realities of divorce.

There are many issues to deal with such as dividing marital assets and debts, issues related to custody and child support, and issues related to spousal support. Too often, parties underestimate the financial aspects of divorce.

They are focused solely on their emotions before and during the divorce. It is only after the divorce is final that parties realize they are experiencing financial difficulties due to the divorce.

One of the top reasons for filing bankruptcy is divorce. After a divorce, many people find that there is just no money left over each month after paying living expenses to pay their bills.

They have no choice but to consider bankruptcy as an option to resolve their financial problems. How can a divorce create so many financial problems?

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Delaware, OH

Columbus, OH

Dublin, OH

Granville, OH

Jack’s Law Office

305 S Sandusky St

Delaware, OH 43015

(740) 369-7567