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Yes. You may settle your dispute at any time before the arbitrator issues the award. If you have settled, or believe you are close to settling your dispute, notify your Case Administrator.
Arbitration could work to resolve your divorce if you have an issue or two on which you did not agree. It would be a cheaper option than a divorce trial with less hostility. Before you opt for a divorce trial, work with your family law attorney to explore all possible ways to settle your case.
Divorce arbitrationArbitration is a process for solving the disputes that have arisen between 2 parties who are divorcing each other. This takes place when the divorcing parties want to solve the problem in a lesser period of time without approaching or taking help from the court.
Unlike mediation, the arbitration process is binding, which means that the parties are legally obligated to accept and comply with the arbitration decision/award rendered by the arbitrators. Without question, mediation should almost always be the first step in working towards resolving a dispute.
The arbitrator's decision usually is legally binding (enforceable by the courts), but it can also be non-binding (only recommended) if that is what the parties have agreed to.
Arbitration is a flexible method for divorcing couples to resolve a dispute over finances and / or property outside court. If divorce proceedings are already being heard in court, arbitration can also be used to resolve discrete issues which may be holding up the case as a whole.
The average divorce mediation cost in Arizona is about $7,500. Arizona divorce meditation costs for Arizona ranged from $5,000 to $10,000 in 2020. Hiring a private divorce mediator in Arizona will cost you an average of $500 per hour; with hourly costs ranging from $300 to $700.
While parties are not required to have an attorney to participate in arbitration, arbitration is a final, legally-binding process that may impact a party's rights. As such, parties may want to consider consulting an attorney at any time before, during, or after the arbitration.
This is the position despite the fact that section 101 of the Model Act provides that parties may refer all issues arising from a marital separation or divorce, except the divorce itself, to arbitration.
Arbitration Usually Follows Working With a Divorce Mediator Arbitration can be a part of the progression of the process when divorcing spouses are trying to resolve the dispute without a trial. For example, if the parties try mediation and it is unsuccessful, arbitration could be the next step that they pursue.