What is a stipulation of settlement?

A stipulation of settlement is a legal document used in divorce cases in Delaware to resolve outstanding issues. It is a voluntary agreement between the spouses that outlines any compromises or concessions that have been made in order to reach a divorce settlement. A stipulation of settlement outlines all the details of the divorce, such as the division of assets, child support payments, and alimony. A stipulation of settlement must be signed and approved by both parties involved in the divorce before it can be enforced, and it usually includes language that states that the agreement will be considered binding upon both parties. If any of the terms of the agreement are violated, then either party can take legal action to enforce the agreement terms. The stipulation of settlement document is an important part of the divorce process because it ensures that both parties are on the same page and that they both understand and agree to the terms of the divorce settlement. If either party fails to comply with the terms of the settlement, they could be held legally accountable. It is important to review the document carefully before signing to make sure that all of the details are accurate and agreeable to both parties.

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