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Mediation of Financial Debts

debt division divorce bc

Dividing Debt and Finding Resolution and Relief

The division of debts during a divorce is just as important as the division of assets. Each will have longstanding effects on your financial future, and you should be able to provide input and raise concerns when determining debt division while establishing a divorce agreement. 
Our mediators will work with both parties to facilitate productive conversation regarding the debt and work with you to create a fair division of various financial liabilities, including mortgages, loans, credit card debt, and other obligations. To learn more, book a Free Consultation.

Divorce Should Not Break the Bank.

The Mediation of Debt Division at Easy Way Divorce:

Understanding Your Financial Situation
01
Before beginning the mediation process, we require both parties to disclose all their financial records. This allows both parties and the mediator to obtain a complete picture of debts and assets and begin working toward a fair division.
Facilitated Discussions
02
Often, the parties are at odds regarding what a fair division will look like. Our skilled mediators facilitate fair and open communication. Giving each person the opportunity to share their concerns in a safe and supportive environment.
Exploring Options
03
There is no one-size-fits-all solution when it comes to the division of debt during a divorce. We will explore options that consider each party's income, assets, and future financial stability.
Customized Solutions
04
After consideration of all of the factors of each debt, we work with you to develop custom solutions that are as fair as possible for both parties.
Comprehensive Separation Agreements
05
Once the division of debts has been agreed upon between the two parties via divorce mediation, the details will be included in a separation agreement - a legally binding document that outlines the terms of separation. This debt division agreement will include all aspects of the division of debts, including mortgages, loans, credit card debt, and other financial obligations.

Ready to
Learn More?

If you’re ready to take the next step toward an easier divorce or legal separation in British Columbia and move forward with your life, we’re here to help. Contact us today to schedule an online consultation call and discover how divorce mediation can pave the way for a brighter future for you and your family.

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Easy Way Divorce Mediation

Kelowna Office

  • 401 Glenmore Rd # 201
    Kelowna, BC, V1V, 1Z6

Vancouver Office

  • 997 Seymour St. #250
    Vancouver, BC, V6B 3M1
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