Disputes over Finances
When couples are separating then there can be dispute over finances. Under such condition it is best to get some outside help or assistance. This can sort out the financial disputes that occur between couples. Mediators are called in to solve financial disputes during:-
1. Mediator is generally called in during a break up. They are called as an alternative to legal proceedings.
2. Mediators are called in as preventive measures.
3. Mediators are brought in the consequences of a break up, to settle the matter.
Mediation over financial issues is better than general litigation. Mainly because of the simple fact that mediation is an easy process over general litigation. General litigation takes a lot of time. The cost incurred is lot. Also another benefit of mediation over general litigation is that the parties involved have a say in the whole process. This means they can actively take part in the final decision taken whereas under general litigation the decision taken by the court is ultimate. Under mediation process, if a particular party doesn’t want to attend the meeting with the other party, then the mediator can arrange for a separate meeting with the concerned client. General litigation is one process where there are no provisions for such matters.
Under mediation all the matters related to finance are discussed behind closed doors. This ensures confidentiality of matters. The final decision is not revealed to any third party. General litigation is one such process under which the decision is taken in a court of law and all the decision regarding the financial dispute comes out in the open public. Mediation process is one such process under which both the parties are heard of. This ensures a fair trial. There is no favoritism or nepotism of any kind. This ensures that the case is dealt with no disparity.
Mediation or litigation is one such process where financial disputes are dealt with carefully. Mediation is lot better than general litigation. They ensure that the finances are fairly distributed between the disputing parties. General litigation on the other hand involves lot of beurocracy. Under mediation grandparents of the disputing child can also consult the mediator. He can lend a hand in child support after the parents of the child are divorced.
Mediation as we can see is one process under which disputing couples can evenly and fairly distribute their finances.