Do you know about alternatives to court for divorce? Residents of Morristown and other areas of New Jersey may want to learn more about the process of mediation and arbitration as alternatives to resolve disputes.
What does mediation mean?
Alternative dispute resolution, or ADR, may benefit both partners. It is a requirement before a hearing in family court.
One of the primary methods of divorce alternative dispute resolution is mediation. This means that an impartial party helps both people agree on a solution that is mutually agreeable. Mediators do not make decisions but help people reach them.
What may reach resolution through mediation?
The mediator draws up a a nonbinding memorandum of understanding as a result of the process. Many issues may receive consideration, including the following:
- Assets
- Division of debts
- Child custody
- Child support
- Alimony
What does arbitration mean?
Arbitration is the answer when the two partners cannot agree on the outcomes. This process allows for judgements to solve the issues. You and your partner will need to find a person to arbitrate through agreement. An arbitrator may be an attorney, judge or accountant.
The benefits of mediation and arbitration
These methods both help keep matters private while proceedings in court become an addition to public records. Meditation and arbitration both make the divorce process speed along more quickly and save dollars when it comes to legal fees. Children undergo less stress, especially when custody issues might make them choose sides.
Mediation and arbitration are common alternatives to court when going through a divorce. They can save time and money and make divorce less stressful for you and your family.