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POSTED IN Divorce ON March 11, 2018

Can I Renegotiate My Divorce After It’s Final?

Can I Renegotiate My Divorce After It’s Final?

If your divorce is final and you wish to renegotiate the terms, you may be able to do so. Divorce is a very difficult process. It can be mentally and emotionally draining. In most cases, people simply want to get the process over with and get on with their lives. However, there are cases when a judge can make adjustments when needed. If you live in the state of Texas, an attorney like Bob Thornton can help.

However, generally speaking, the only way a change can happen is if there is a change in material circumstances. For example, if one person has a change in earnings, that can be a reason for renegotiation. If the change is significant, it could affect the amount of child support or spousal support that has to be paid. There are instances where small adjustments can be made. In some cases, custody can be changed if one parent’s circumstances change, for example if they move out of state.

Other reasons where changes may be made include one party’s non-compliance with a court order. For example, if a parent doesn’t keep up with child support payments, they could be hauled back into court. If the non-custodial parent can’t handle the payments, the terms can be renegotiated. However, if it is found that the parent isn’t paying for other reasons such as spite, they will be called back into court and the support payments could be raised.

One of the most common reasons that a divorce settlement is renegotiated is due to hidden assets. Spouses far too often attempt to hide assets. This is not a good idea. In fact, this can get you into a great deal of trouble. If you are going through a divorce, you are required by law to disclose to the court all of the material assets you accumulated during the marriage. In most states, everything accumulated during the marriage is considered community property and it must be divided in an equitable manner.

There are some spouses who, for whatever reasons, decide they aren’t going to let the court know about certain properties, bank accounts and other items. What many spouses who attempt to hide assets don’t know is, a forensic accountant can easily find these assets, even if you put them in another name.

If you have gone through a divorce proceeding and later find out certain information that could change the agreement, find a lawyer who can get you the settlement you deserve. Bob Thornton is a compassionate family lawyer with 40 years experience handling these cases. Contact him today for a free consultation.

For more information on our Dallas Divorce Attorney please visit our site.

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