Quick Facts about Fairway Divorce Solutions
• Inspired to “find a better way” following her chaotic experience in the traditional court system, President and CEO Karen Stewart launched Fairway Divorce Solutions®, a first-of-its-kind divorce paradigm in North America.
• Fairway Divorce Solutions uses a practical, step-by-step proven approach called The Fairway Process™. Couples meet with their Fairway Divorce Solutions’ advisor independently on all issues of divorce. Financial and divorce experts at Fairway Divorce Solutions facilitate a win-win outcome that is drafted in a comprehensive Fairway Negotiated Resolution Plan™.
• Fairway Divorce Solutions aims to complete the divorce process within 120 days after finances have been assessed. The Company also charges a customized flat fee allowing no incentive to drag issues unnecessarily.
• At Fairway Divorce Solutions, fees typically range between $3,000 and upwards of $20,000 per person with the average fee costing around $10,000 for both parties. The more complex the divorce, the greater the charges.
• If there are children in the picture, The Fairway Process™ protects them absolutely. This is achieved by managing money matters first. Only after money matters are aligned is the topic of children is addressed. Senior advisors create a comprehensive Fairway Nurtured Children Plan™ for each couple to ensure positive co-parenting.
• Karen’s breakthrough novel “Clean Break: How to Divorce with Dignity and Move on with Your Life” is hitting stores in spring 2008. Clean Break is a step-by-step self-help book that highlights a breakthrough alternative to the traditional divorce system. It gives readers the tools they need to achieve a fair and accelerated win-win outcome. Clean Break will also share Karen Stewart’s true-to-life story with key insights, reflections and actions.
• Fairway Divorce Solutions is expanding aggressively in North America. Franchising plans are to begin in spring 2008.
• Fairway Divorce Solutions offers a unique divorce alternative to couples throughout Canada and the United States.
• Fairway Divorce Solutions is based in Calgary, Alberta.
Quick Facts about Divorce in Canada
About Divorce:
• Within a decade of the introduction of the Divorce Act, the total divorce rate (the percentage of marriages that dissolved in the previous 30-year period) rose from 14 per cent of all marriages in 1969 to 30 per cent in 1975.
• The total crude divorce rate peaked at 362 divorces per 100,000 inhabitants in 1987.
• The average divorce requiring legal help costs from several thousand to $40,000 per couple and lasts one to two years.
• There are several alternative divorce solutions available to Canadian couples today, including collaborative law, traditional (court system), negotiation, mediation, do-it-yourself and arbitration.
About Multiple Divorces:
• In 2003, 16.2 per cent of husbands getting divorced had at least one previous divorce, while in 1973, the rate was 5.2 per cent.
• Similarly, divorces involving wives who had previously been divorced rose from 5.4 per cent in 1973 to 15.7 per cent in 2003.
• Trend: After three years of marriage, the divorce rate, on average, reaches a peak with 26.2 couples out of 1,000 filing for divorce. The risk of divorce declined slightly with each passing year after that.
