Divorce Real Estate and Mortgage Journal August 2024

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The Emotional and Financial Strain of Divorce

Managing finances is one of the most significant challenges for men during and after divorce. Beyond

the costs associated with the divorce process, men may have to pay spousal and child support,

straining their finances, especially if they were the primary breadwinner. Additionally, men must find a

new place to live and cover the expenses of setting up a new household. This financial burden can be

overwhelming, but a CDLP® can help men understand their financial options and make informed

decisions to secure their financial future. By working with a CDLP®, men can navigate the financial

challenges of divorce and develop a solid plan for their future.

Navigating Custody and Housing Challenges

Child custody and visitation arrangements are another major struggle. Men often have to fight for fair

custody arrangements, which can be emotionally draining and financially costly. Finding stable and

affordable housing is also crucial. Divorce often necessitates a move, meaning securing a new home

that meets their children's needs. This can be challenging, especially in areas with high housing costs.

The need to furnish a new home and manage moving expenses further strains financial resources,

leading to feelings of insecurity and anxiety, compounding the emotional stress of the divorce process.

NAVIGATING THE COMPLEX

JOURNEY OF DIVORCE:

Divorce is an emotionally and financially draining

process for men, often leading to the loss of a

partner, home, and possibly even custody of

children.

Navigating

the

legal

system

and

negotiating a fair settlement can be daunting.

Societal expectations to remain strong and stoic

during this challenging time can make it harder for

men to express emotions and seek support. These

unique struggles complicate the divorce process for

men. However, with the help of a Certified Divorce

Lending Professional (CDLP®), men can find the

guidance and support they need to navigate this

difficult time.

CHALLENGES AND FINANCIAL STRUGGLES FOR MEN

Written by Jody Bruns, President Divorce Lending Association

05 DIVORCE REAL ESTATE & MORTGAGE JOURNAL

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