Student loans in divorce can take many forms. Spouses may be paying on their loans from before the marriage, have debt related Parent Plus loans or may have consolidated their loans during the marriage. The cookie-cutter approach Student Loan division espoused by sites like NerdWallet and Fox Business fail to consider the nuisance of each individual family. These sites are right, in that they list the limited solutions offered by Courts.
A Collaborative Divorce process, allows spouses to generate solutions that are specifically tailored to their own family. Often the spouses agree to solutions that differ wildly from the cut in stone path dictated by Courts. Divorcing Families, through the Collaborative Process, are equipped with lawyers that can help bring spouses vision into reality, not only as to Student Loan debt, but as to every other element of a divorce.
The Collaborative Divorce process allows for each Divorce agreement to be as unique as the family that it serves. Families are not required to limit themselves only to the ‘one-size’ fits all solutions, offered by Courts.
