Settlement of property disputes out of court: advantages and deadlines

Division of property upon divorce or dissolution of marriage is one of the key aspects of family law. Usually, the division of property is carried out in court, however, in some cases, the parties may apply for an out-of-court resolution of this issue. An extrajudicial property division procedure provides more flexible and quick solutions, taking into account the interests of both parties.

In this article, we will consider the advantages, terms, solutions, and stages of property division in an extrajudicial manner.

Advantages of dividing property out of court:

• Flexibility: in an out-of-court procedure, the parties have the opportunity to independently discuss the terms of property division and find a compromise solution that takes into account their individual needs and interests.
• Efficiency: non-judicial division of property usually takes less time than litigation, as the parties can reach an agreement without the need for lengthy hearings and proving their positions in court.
• Preservation of the relationship: ex-spouses, carrying out the division of property out of court, can maintain a more constructive relationship and interact for the benefit of common interests, especially if they have children together.
• Cost Effective: out-of-court property division can be less expensive because the parties do not have to pay attorney fees and other court costs.

Terms for the division of property out of court may vary depending on the complexity and volume of the property, as well as on the agreement of the parties. Usually, the parties have enough time to negotiate and conclude an agreement on the division of property. However, it is important to note that the out-of-court procedure for property division has its limits. If the parties cannot reach an agreement or if there are conflicting issues, it is worth going to court to resolve the dispute.

Variants of property division solutions out of court:

• Voluntary division agreement: The parties can independently discuss and enter into an agreement on the division of property. This option is the simplest and fastest way to solve the issue of property division.
• Mediation: Mediation is an effective and popular method of conflict resolution. In this option, the parties involve an independent arbitrator - a mediator, who helps them find a mutually beneficial solution regarding the division of property. The mediator helps the parties in establishing common goals, stimulates interaction, and helps resolve conflict issues.

Mediation is one of the important aspects of the out-of-court division of property between ex-spouses. It is an efficient and calm process where a neutral third party, a mediator, helps the parties reach a mutually beneficial agreement on the division of property.

Here are some points to consider about mediation:

• Maintaining interaction: mediation creates a favorable atmosphere for the parties, where they can communicate and express their opinions without tension and conflict. This helps improve communication between former partners, which can be useful in deciding the division of property.
• Self-determination: mediation allows the parties to make their own decisions. They have the opportunity to actively participate in the conflict resolution process and influence the outcome. This provides a sense of satisfaction from jointly made decisions.
• Finding mutual agreement: the mediator helps the parties find compromise solutions that take into account the interests of both parties. It helps to find mutually beneficial solutions where both parties can be satisfied with the property division agreement.
• Confidentiality: the mediation process is confidential, which means that all conversations and information discussed during the mediation are confidential.

The help of a lawyer in matters of property division outside of court can be irreplaceable.

Here are several reasons why it is better to consult a lawyer in such matters than to solve them yourself:

• Legal knowledge: lawyers specializing in family law have a deep knowledge of the relevant norms and precedents. They can provide you with accurate and up-to-date information about the legal aspects of property division, as well as advice on how to achieve the best possible outcome.
• Legal analysis: a lawyer will help you conduct a detailed legal analysis of your situation, taking into account all the nuances and peculiarities. He will be able to identify potential legal issues that you may not have considered and suggest optimal solutions.
• Legal document management: a lawyer will help you prepare all the necessary legal documents related to the division of property. It will ensure that the agreement is properly drawn up, including the terms of the separation, the rights and obligations of the parties, the mechanisms for executing the agreement, and protecting your interests.
• Representation and protection of interests: a lawyer can act as your representative in negotiations with the other party or its lawyer. He will be able to protect your rights and interests, as well as find compromise solutions, contributing to the achievement of a mutually beneficial agreement.
• Mediation and Mediation: a lawyer experienced in mediation can be a valuable resource for resolving disputes between ex-spouses.

It is important to note that the specific role and assistance of a lawyer or attorney in the property division process may vary depending on the specific situation and needs of each party.

By contacting a qualified lawyer or a lawyer from our company specializing in family law, you will receive individual legal advice and support.