Impact of a Spouse's Job Loss in a Divorce in Illinois 

 Posted on April 16, 2024 in Divorce

Few events are more life-altering than a divorce. When a spouse faces the additional stress of losing his or her job during an already stressful time, the impact can be enormous. In Illinois, understanding how a spouse's job loss can influence the divorce process is important, as it can undoubtedly present challenges and new considerations to the already turbulent process of divorce. And remember, to ensure you are legally protected throughout the divorce process, hire an attorney from a respected Illinois law firm.

At The Stogsdill Law Firm, P.C., we understand on a human level how difficult divorce is. No one enters a marriage thinking it will one day end. But for one reason or another, divorces still happen. It is also no secret that the process of divorce can present a wide array of challenges for all involved. Hire a law firm with more than 100 years of combined experience to protect yourself from the legal hazards of divorce. Experience matters and the highly trained and respected lawyers with The Stogsdill Law Firm, P.C. are ready to wield their experience to pursue your best interests.

The Financial Ripple Effects of a Job Loss

The financial implications can be significant when a spouse loses their job during a divorce. In many families, both spouses may contribute to the financial well-being of the family, and a sudden loss of income can seriously disrupt this balance. The court may take into account the circumstances surrounding the job loss and make adjustments to financial arrangements accordingly.

Adjusting Alimony to Reflect the Change in Circumstances 

When one spouse needs financial assistance after a divorce, the court may award them spousal support, also known as alimony. A spouse's job loss can impact the amount and duration of alimony payments. Factors such as the reason for the job loss, the spouse's earning potential, and other relevant factors will be considered when determining alimony payments.

Child Support Adjustments 

When income flow is disrupted for one of the spouses, it can have a real impact on child support payments. If the spouse who lost their job can no longer afford to meet their child support obligations, adjustments to child support payments may be necessary. Since these payments directly affect the child's well-being, the court will look to delicately navigate this process to ensure that the adjustment in child support payments does not harm the child.

Contact Our DuPage County, IL Divorce Attorneys Today

If your spouse lost their job and you are in the midst of getting divorced, discuss with your lawyer how this may impact proceedings. For lawyers with tremendous knowledge and experience in this area, contact the compassionate yet aggressive Wheaton, IL divorce lawyers with The Stogsdill Law Firm, P.C.. Call 630-462-9500 for a private case evaluation today.