Historical Divorce Costs: What to Know Now
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Video Transcript
Historical divorce costs commonly ran $30,000–$50,000, with some cases reaching $270,000 over two to three years. Prolonged litigation often bankrupted families and even pushed parents to take home-equity loans or credit lines. This article explains those past cost drivers and what to know now about controlling expenses through mediation.
Bill Leininger – Divorce Mediation Attorney – Sarasota, FL
Extremely expensive, it was routine for a divorce to cost $30,000, $40,000, $50,000. I had divorces going up to $270,000, lasting two or three years.
Ray Hrdlicka – Host – Attorneys.Media
Oh my gosh.
Bill Leininger – Divorce Mediation Attorney – Sarasota, FL
And the people bankrupted themselves, bankrupted their parents who took out home equity, lines of credit and that type of thing.