Settlement Agreement

A settlement agreement, in the context of divorce cases, is a negotiated settlement between two spouses regarding all matters pertaining to their divorce. In order to avoid the costs, publicity, and time involved with court proceedings, some couples elect to mediate their divorce through attorneys, which will eventually come to terms with a settlement agreement signed by both spouses, which will be submitted to the divorce courts. A judge then issues a divorce decree with the exact terms of the settlement agreement included, which then makes the terms of the agreement legally enforceable under civil laws and potentially charges of criminal contempt.

Fast Facts

  • A settlement agreement addresses important issues such as division of assets, debts, child custody, child support, alimony, and a wide range of other case-specific considerations.
  • Settlement agreements may also be reached through arbitration.

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  • How Marital Property Division Works In A Property Settlement Agreement

    Property division is a major step in the divorce process that takes place in front of the court. When a court ...
    • Site: divorcelawfirms.com
    • 9 of 16 user(s) found this useful
  • Debt Settlement

      Debt settlement is a legal solution for consumers who are deep in debt and seeking an alternative to bankrup...
    • Site: debtsettlementlawyers.com
  • Credit Card Debt Settlement

    Credit cards are a source of easy credit for many people, and, as a result, often lead to overspending.  Many ...
    • Site: debtsettlementlawyers.com
    • 3 of 4 user(s) found this useful
  • When to Drop a Debt Settlement Lawsuit

    Sometimes, bringing a lawsuit against debtors can spur negotiations and allow a creditor to collect debt that ...
    • Site: debtsettlementlawyers.com
    • 1 of 1 user(s) found this useful
  • Overview of a Debt Settlement Lawsuit

    A debt settlement lawsuit can occur when a person or company is unable to pay their debts.  Often, debtors wil...
    • Site: debtsettlementlawyers.com
    • 1 of 1 user(s) found this useful

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