It may be that parties can agree on broader issues when negotiating divorce terms but get bogged down on other narrower issues. When this happens, private arbitration can be used to resolve the problem. Both parties agree on a third person arbitrator who can be an attorney or some other person versed in the subject matter of dispute. The arbitrator listens to both sides of the dispute and then makes a decision which is binding upon the parties. Division of financial assets and debts or allocation of household items are examples of disagreements which can be resolved by private arbitration.
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