Divorce Mediation Long Island

Why Make Your Divorce More Difficult
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Easier, Affordable & Less Stressful

 

Win-Win Divorce Solutions is one of the only Long Island divorce mediation firms that offers an impartial co-mediation experience with mediators who have training in both law and social work.

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If you and your spouse have made the difficult decision to get a divorce, we can help make the process easier, as well as much less of a financial burden for you both. Our mediation services will help you begin to separate in the most amicable way, greatly reducing the financial stress of divorce litigation so you can begin your separate lives as soon as possible. Divorce is never easy for anyone. Finding an amicable divorce resolution will make this choice easier for both of you, better for children involved and will begin a mutually amicable path towards your newly transitioned life. Divorce mediation Long Island is a choice that can make this difficult time much less painful for everyone involved. The alternative to working together through Long Island divorce mediation is a long, drawn-out litigation, which creates stress and fear. Divorce litigation typically involve feuding attorneys, incredibly expense attorney fees for both sides, and can take
years to reach a conclusion. Trials are done in public court rooms and court records are made public, which is really something you would be wise to avoid. With divorce mediation offices in Hauppauge Suffolk County Long Island, Lake Success Nassau County Long Island & New York, NY we are able to meet closer to you.

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Divorce Mediation Long Island

Dividing Debt During Divorce

Dividing Debt During Divorce

Did you know the average American family has over $100,000 in debt? Now imagine getting a divorce and having to figure out how to divide all this debt. Fortunately, you do not have to figure this out on your own. Divorce mediation services on Long Island, such as Win-Win Divorce Solutions, LLC, will help you and your spouse divide the debts. In New York, the law states that divided debts should be equitable. This is often easier said than done! A lot of factors come into play regarding dividing debts fairly. Here are some common debts that need to be considered during divorce mediation.

Credit Cards

Credit card debt is very common. During a divorce, the debt in joint accounts will be divided. It gets tricky in situations where one spouse has a hidden credit card that they were racking up debt on.

Student Loans

If these loans were acquired before the marriage, they would not be split. They will be the responsibility of the borrower. If the student loans were acquired during the marriage, it gets a little more complicated.

Car Payments

Often during a divorce, the car will be awarded to one spouse, meaning they will also have to make the associated car payments. Couples need to be wary about car loans that were co-signed. This can create issues if the spouse given the loan has trouble paying, because technically the bank can come after both co-signers.

Mortgages

The best way to deal cleanly with a home mortgage post-divorce is to sell the house and split the proceeds. In some cases, one spouse will take over ownership of the house and refinance the mortgage. It is important for the couple to figure out what works best for them and keep in mind that the home mortgage might be difficult to afford on one salary.

New York law says to split debts in an “equitable” way. While this works in theory, debts can be complicated, and an equitable split could be difficult. Luckily, through divorce mediation services in NYC such as Win-Win Divorce Solutions, LLC, you don’t have to figure it out on your own. Meditation also allows you to avoid court, where litigation around debts can become messy. As you begin mediation, be honest with your mediator about any debts you and your spouse have. Be open to compromise and remember that you are looking for a Win-Win situation. Contact Win-Win Divorce Solutions, LLC today for more information about splitting debts and mediation.

Click here to contact Win-Win Divorce Solutions For Long Island Divorce Mediation help.

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