6 Ways To Save Money While Going Through A Divorce

If you are getting divorced, most likely your financial situation will be negatively impacted, especially while the divorce is going through the court process. If you want to save money, the first thing you will need is a separate bank account to put any saved money into. The next thing to do is to have a budget sheet with your income and expenses stated.

The six ways to save money are:

#1:  Consider getting rid of: cable television, Netflix subscription, and other subscriptions. If you pay for Netflix and cable television, you might want to consider getting rid of one them. You might also have other subscriptions that can be cancelled.

#2:  Make your own lunch, dinner.  Eating out is expensive.  Making your own lunch or cooking your own dinner will save you money.

#3:  Use Coupons. Its sort-of-old-fashioned, but coupons can save you money.

#4: Insurance:  Although, you may be required to maintain insurance during your divorce, you are allowed to switch some insurance policies. You should see if another insurance company can save you money on your premiums. Before you switch, double-check with your divorce attorney.

#5: Downsize your car: You might be able to save money by downsizing the car you are driving or getting a car that gets better gas mileage. Again, you will need to check with your attorney before making this decision.

#6:  Forced savings:  Open up a saving account at a new bank that you don’t currently use.  Every time you get a pay check (or if you don’t get a pay check, then twice a month), take 2% to 10% of your pay check and have it automatically transferred into this new savings account.  Unless, there is an emergency, do not use this new savings account to pay for anything for at least one year.  Even after the one-year period is concluded, see how much you have saved and see what you can re-adjust to keep this account growing.

Saving money during your divorce can be difficult, but, little by little, if you keep saving money, you might be able to get some significant savings.

David Badanes, Esq. and The Badanes Law Office, P.C. have represented and helped numerous clients in their divorce and in helping them get their divorce over as soon as possible. If you are thinking of getting divorced, call David Badanes and the Badanes Law Office today at 631-239-1702 or email at david@dbnylaw.com.

The Badanes Law Office has offices in Northport, Suffolk County and Garden City, Nassau County.

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The Top Five Ways to Avoid A Long Drawn Out Divorce

You want a divorce or you have just been served with divorce papers.  Either way, you don’t want a long drawn-out divorce process.  Here are the top five ways to avoid such a fate:

  1. Provide your attorney with all the requested documentation. Most divorces will require each party to provide their financial documentation.  This will include: bank statements, credit card statements, tax returns, deeds, mortgage information.  The sooner you provide those documents, the sooner your divorce should be able to be completed.
  2. Respond to your attorney’s emails and other requests. During the divorce process, your divorce attorney is bound to have questions and other requests for you to respond to.  By responding quickly, you help your attorney in quickly resolving the issue.
  3. Focus on the important issues. Too often, clients get caught up in fighting about every issue, even ones that really are not that important.  It is important to identify which issues are important and concentrate on fighting those.
  4. Decide what issues can be settled early on. Related to the above, if there are issues that can be settled, then you may be able to resolve them early in the divorce process and then litigate the rest.  By reducing the number of issues, this will reduce the time your divorce is in the court system.
  5. Be available to attend all court conferences. There may be several court conferences.  If you are requested to attend a court conference, it is better to make yourself available for all court conferences.  Every time that you request an adjournment or a continuance of a court conference will add more delays to your divorce.

David Badanes, Esq. and The Badanes Law Office, P.C. have represented and helped numerous clients in their divorce and in helping them get their divorce over as soon as possible. If you are thinking of getting divorced, call David Badanes and the Badanes Law Office today at 631-239-1702 or email at david@dbnylaw.com.

The Badanes Law Office has offices in Northport, Suffolk County and Garden City, Nassau County.

Please like us on Facebook to get important legal news, tips and articles: www.facebook.com/BadanesLawOffice.

What To Do When Divorcing in the New Year

The start of a New Year is typically when many couples will file for divorce. If you are going to start the process of a divorce or if you have just received divorce papers, here are a few “To-Dos” to make sure you are properly prepared.

  1. Create a Budget: Although a divorce may be better for your mental health and also make you happier, in almost every divorce, it costs more to live separately than to live together. To help you prepare, you should create a budget. There are many budget worksheets that you can obtain for free. Having a budget will help you realize how much you will need and perhaps what expenses you can either reduce or eliminate.
  2. Gather and Organize Important Documents: Start getting all your important financial documents, including your bank statements, tax returns, W2 statements, retirement statements and credit card statements. Your attorney will need these statements. Most attorneys will accept electronic (pdf) copies, so you probably do not have to print out your statements.
  3. Get Your Credit Report: A Credit Report will help you identify your credit history, loans, and credit cards. You may discover that your spouse has been using your credit cards or taking out loans in your names. You should be able to obtain your credit report for free as there are a few websites that offer this service.
  4. Start Researching Attorneys Now: If you don’t have an attorney or don’t know one, you should start researching divorce attorneys now. Since so many couples choose to get a divorce in January, many divorce attorneys are very busy in January. Do your research as soon as possible and be flexible when you can meet your attorney.
  5. Find a Therapist/Counselor: Too many people make the mistake of using their divorce attorney as a therapist or counselor. A divorce attorney is not trained to be a therapist or counselor. In addition, it will cost you a lot less to see a therapist than to call your attorney for therapy.
  6. Make a List of Your Goals: Are you seeking sole custody? Joint custody? Are you looking to sell your house? Move out of your house? Do you want to retain your retirement assets? These are just a few of the goals that you may want and that your attorney will need to know.

If you will be seeking a divorce in the New Year or you have just been served with Divorce Papers (Summons or Complaint), then contact David Badanes at 631-239-1702.

You Have Been Served!!! What To Do Now?

If you have been served with divorce papers, here is what you need to do:

1. Don’t panic. Most likely, you know that your marriage has been failing. Although, you might be in shock that your spouse actually filed for divorce, there is no reason to panic. If you are going to handle your divorce, then you must stay level-headed.

2. Technically, you only have 20 days to respond to the divorce papers. However, if for some reason, you need more time, you most likely can get an extension of that time. Although, it is not a good idea to be “late”, you may be able to explain, to the Court, why your response is late. If you do not respond at all, then you will be facing serious consequences. The bottom line, hire an attorney as soon as possible, but, don’t rush into it.

3. Find an attorney that specializes in divorces and that you are comfortable with. You will need an attorney to represent you. However, do not rush into hiring any attorney, you should hire a divorce attorney that you are comfortable with. You should also retain an attorney who specializes in divorce cases.

4. You will need to obtain financial documents, for example: tax returns, bank statements, retirement statements, mortgage statements etc.

If you have been served with divorce papers, you need to hire an attorney that will personally handle your divorce, a lawyer that you can trust, knows the law, and represent you zealously.
David Badanes, Esq. and the Badanes Law Office, P.C. can help you and will answer all your questions about the divorce process. Contact David Badanes, Esq. at 631-239-1702 or email at david@dbnylaw.com.

The Badanes Law Office, P.C. has offices in Northport, Suffolk County and in Uniondale, Nassau County.

Please like us on Facebook to get important legal news, tips and articles: https://www.facebook.com/BadanesLawOffice.