Share “Business Q-AND-A with Jim Stovall,...”

Business Q-AND-A with Jim Stovall, director of the Mediation Institute

Mediation can help curb high cost of getting divorced. An cost for a divorce might be $4,000 to $6,000 per party, said Jim Stovall, director of the Mediation Institute.
by Paula Burkes Published: August 17, 2012


with Jim Stovall

Mediation can help curtail

high cost of getting divorced

Q: Divorces can be one of life's most devastating financial hardships. What's the average cost of divorce per each spouse?

A: Costs related to divorce vary a great deal depending upon a variety of factors including how willing the couple is to share information and work to resolve the issues. An average cost might be $4,000 to $6,000 per party.

Q: How can divorcing parties curb those costs?

A: Increasingly, couples are coming to mediation before initiating any legal action against the other spouse. Since mediation is not a replacement for legal advice, agreements reached in mediation may be reviewed by an attorney before being finalized. In most cases, mediation can turn a highly litigious, expensive divorce into an uncontested matter. Reaching agreement with the help of a mediator on all the issues including custody, property division and spousal support can easily save thousands of dollars. Individuals may seek out a mediator on their own or a court may order the couple to attempt to resolve matters in mediation.

Continue reading this story on the...

by Paula Burkes
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
+ show more


  1. 1
    This Russell Westbrook Promo Will Get You Jacked For His 2015-16 Season
  2. 2
    Lawton product Mike Warren has record-setting day for Iowa State
  3. 3
    Slain man's body discovered northwest of downtown Tulsa
  4. 4
    Beware of new smart chip credit card scams
  5. 5
    What is phubbing, and is it ruining your relationships?
+ show more


× Trending business Article