Divorce Lawyers Richmond VA Henrico Hanover Chesterfield Powhatan

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RETHINKING DIVORCE STRATEGIES DURING THE COVID-19 PANDEMIC WITH LEADING DIVORCE LAWYERS IN RICHMOND VA SERVING HENRICO, HANOVER, CHESTERFIELD, POWHATAN

The world couldn’t have experienced a worse time and the worst is yet to come. The COVID-19 pandemic has not just taken lives but livelihoods too. Around 1.4 million people are in line seeking unemployment benefits in the US and with the surge in the infection rates and continued lockdown; the number is expected to rise. As the economy is charging towards recession, the marriage dissolution rates are also about to explode and the need for divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan is bound to rise.

Moreover, the sheltering-in-place is posing great stress on marriages waiting to break. The COVID-19 shutdown has brought the couple to the edge as they are now forced to be confined under the same roof all day long. Contact, the Law Office of SRIS, P.C. for some expert guidance on the issue. Our divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan are consulting online.

Challenges of divorce during COVID-19 shutdown

Couples planning for divorce months before, are still waiting to move to the next stage due to the pandemic. The process to be completed by the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan in weeks is now taking months with no respite in sight. The financial stress has also taken over with a fall in incomes and assets, leaving the couple in a state of confusion when it comes to deciding financial matters. It is during these times, the role of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan is crucial. They work in coordination with the couple to bring about a viable solution during these tiring times.

The Divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan are trying innovative solutions beneficial to both the spouses. They should discuss a feasible solution for the future. Once the court reopens, they must be able to determine the equitable distribution of marital assets after realizing the value of assets has gone down and is not the same as what it was a few months ago. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan has to take up the multiple roles of being a legal and financial advisor for the client.

Property challenges in divorce during COVID-19

Pre-COVID 19 couples fight for ownership of movable and immovable property. But during COVID-19 lockdown, couples are stuck with the rising debts and mounting expenses of the assets. Talk to experienced divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan before finalizing the financial agreement. The pandemic has forced the U.S real estate market to see a dip and buying and selling of property has become risky. Selling a marital property is going to result in a loss as the markets are plummeting. It is here the assistance of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can be convenient.

In a normal situation, the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan advice a spouse to buy marital property from the other spouse during a settlement to make the division of assets simple. When there is a lack of funds to buy back the marital property, often relatives pitch in to offer low-interest rates or co-sign for additional credit to buy the property. But today, financing a home is the biggest challenge, with banks getting stricter with mortgages. The best advice from divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan is to hold onto the asset division for a considerable time, say, for example, waiting for the child to become a major or a sale subject with notice of guaranteed return for the leaving spouse.

Refinance your mortgage

Another valuable option suggested by divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan is to refinance the present mortgage without any additional debt to reduce the monthly expenses. This way, the marital home can be preserved, where the spouse can get one amount upfront and one after the sale of the house. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan provide a viable solution to get the best of the deal.

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Rental Option

Do not forget the rental option. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan have seen rent as a viable option with hope for the real estate to pick up in the future while getting returns from the property at the same time. The rent from the house can help offset the expenses. The renter takes over the cost of the utilities giving relief to both the parties. It can help ease the financial pressure. Ensure the rental agreements are in place to avoid legal complications at a later stage. The lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can help in this context.

Wait for markets to stabilize

When minor children are involved, the parties concerned can take a small house near the marital property and live with their children alternately. This option is offered by experienced divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to wait for the market to stabilize and also takes care of the emotions of the children, giving them a stable relationship with their parents. Child custody and visitation issues are best handled by divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan from the Law Offices of SRIS, P.C.

Once you have decided on the equitable division of assets and debt you can start the paperwork with the help of able divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan.

Obtaining divorce during COVID-19 pandemic in Richmond VA

The courts in Virginia are accepting dissolution pleadings through mail or drop box located at the Clerk’s Office. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan sends the dissolution pleading with the fee to the Clerk’s Office. Your divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can do the needful in this regard.

The law in Virginia states the spouse must be a resident of the state for a minimum period of six months before the dissolution. With no minor children, a no-fault divorce, and property matters settled, the couple can file for dissolution with the help of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan after living separately for six months. If you have children, a separation period of one year is mandatory. For children below the age of 18 years, the couple has to complete the Families in Transition (FITS) Program. The Parent Education Seminars are now taking place as live webinars due to the pandemic situation. The state of Virginia does not obligate you or your divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to file a divorce with the court unless you want the court to intervene in this matter. Seek the opinion of your divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan before filing a petition.

Considering divorce after your quarantine ends, here is what you should do…

The sudden spread of coronavirus and the shutdown has forced couples to nest together, despite having decided on separation. The already fragile relationship is bound to get worse during the quarantine, unless you take the advice of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to make this better. Litigation is the only solution for a decent exit unless you disagree with certain issues and skilled lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can find an amicable solution.

Tips to rethink divorce strategies during COVID-19 in Richmond VA

Rethink your marriage dissolution strategies with a noted divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan during the pandemic. The novel coronavirus has already changed the way of life both economically and emotionally. The crisis has put everyone under pressure and it is certain to affect your divorce too. Contact reputed divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to tackle the situation carefully.

The virus is novel and so are the ways and means it could affect your divorce. It is a learning curve for all and how to deal with the situation is of paramount importance. The lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can help navigate the curve.

Here is what you have in store:

  1. Courts are closed and cases are rescheduled with new dates being announced. If you have an uncontested divorce, contact an experienced divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to get quick respite.
  2. The pandemic has left many jobless; therefore, financial documents needs an update. What you have prepared pre-COVID-19 may not stand good as most households have gone into less or no income mode. Consult a learned divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan for a new plan.
  3. The sale of a property has been stalled. If you are planning to sell a marital property then you need a new appraisal. The precariousness of the job market has led to a fall in property prices. The price last year may not stand good now. Your lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan may suggest altering the financial settlement.
  4. Couples already having a settlement agreement will need a revision. Paychecks are shrinking and workers are being retrenched, leaving many with lower or no income. The stocks on the other are taking a beating and the couple and their lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan are considering alternate strategies.
  5. The crucial point to consider is who will care for the children during the quarantine. With schools and businesses shut, it is not possible for the child to get admission into a new school, if you plan to shift to a new location. Seek the advice of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan on child custody issues.

If you are facing any of the above situations, quickly call a reliable divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan. Before finalizing on financial issues, just pause and move forward once things stabilize.

Most lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan are conducting consultation and negotiation via video conferencing, speak to one before preparing the papers.

Halfway through financial settlement, here is what to do…

The financial negotiation starts with the marital asset. Before the shutdown, the couple would have shared financial details like bank statements, shares and bonds, tax returns, etc., and decided on joint net assets to work out a settlement with the help of lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan. Now, during the COVID-19 pandemic, with markets fluctuating, things are bound to change. For couples who haven’t reached an agreement, the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan may suggest on interim holding agreement. It can be documented in the separation deed or done informally. A lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can draft a settlement agreement.

Another option suggested by divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan would be to accept certain aspects like dividing the capital and leaving the income and alimony issues to be sorted out later. Depending on the capital assets, the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan recommends the option. For instance, if one spouse wanted cash and the other shares, the arrangement will not be fair anymore. It is advised to draw a financial settlement balancing the risks. Seek the advice of a learned divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan.

Wealth managers advise against one keeping all the cash and other risky equity. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan builds a settlement taking into consideration fluctuation rates and diverse assets before finalizing a financial settlement. The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan take the advice of financial experts to recalibrate assets to build a balanced division of assets.

The capital components cannot be altered except during unforeseen situations. The court has the power to reopen the settlement after the order was made but this happens in very limited cases and needs the assistance of lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan. The present COVID-19 situation is too early to come to any conclusion. It is a wait-and-watch game for the couple, their divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan, and the court.

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Considering all this, the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan balance the parts in the settlement deed to ensure no one party is forced to face all the risks.

Flexibility and fairness can make the financial agreement drafted by the lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan workable.

Divorce options during COVID-19

  • Pro Se can be defined as representing yourself in the lawsuit. A couple involved in a divorce is strongly recommended to consult a reputed lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan to understand the legal proceedings and the legal documents involved in the divorce. The judge will not help you in presenting the case and the rules are the same whether you engage a divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan, or do it yourself.
  • The court expects you to follow the same procedures as in the divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan will proceed. Though necessary forms are available online, it is not an easy task to fill the forms without legal advice. The initial complaint has to be drafted by skilled lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan. The complaint has to be accompanied by a fee payable to the Clerk of the Circuit Court either in check, cash, or money order. Separate checks have to be drawn for the filing fee and recording fee for the name change.
  • Direct negotiation: The divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan of both the spouses can conduct negotiations to hammer out a settlement. The spouses are not allowed to discuss the issue while the lawyers negotiate.
  • Divorce mediation: The spouses bring in a third party to mediate a settlement. The lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan can be part of the mediation team. Most mediators are lawyers as they provide sound legal advice.
  • Collaborative divorce: Lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan are certified for collaborative divorce. Each spouse will have a divorce lawyer in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan and they work together to reach a settlement. The team may also include financial experts, psychiatrists, child development specialists, etc.
  • Litigation: It is the final stage where your divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan resolves the issues in front of a judge in the court.

Irrespective of your situation or divorce strategies, the Law Office of SRIS, P.C. with our team of divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan, can help overcome the challenges. Each case is unique and the lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan understand the significance and consequence to offer the best solutions. There can be no substitute to the advice of seasoned divorce lawyers in Richmond VA serving Henrico, Hanover, Chesterfield, Powhatan in a family case. Call the Law Offices of SRIS, P.C. for complete details.

Our Richmond, VA lawyers are here to help you. Call our VA lawyers today – 888-437-7747.