The Recession Has Led to Fewer Divorces

We have all heard the old saying, “Stay together for the kids,” but in the current economic times its becoming common to hear “Stay together ’till the recession is over.” A recent study that was done, shows that putting off one’s divorce, could be prove to the choice many are  making.  Unfortunately this can lead to horrific results.  People put off divorce and don’t realize that any assets that the obtain during this time may still be subject to equitable distribution in the event of a divorce.

The study, which an article was published on the PRNewsWire, shows that around 37 percent of couples have chosen to put off their divorce. The reason for putting a halt in the divorce process revolves was not just the financial burden.

According to the article “The Great Recession and Marriage,” new research from the National Marriage Project at University of Virginia.  National Marriage Week USA is a new initiative as part of a decade-old international marriage week movement in 12 countries during the week leading up to Valentine’s Day (https://marriage-weekinternational.com), and has built a new clearinghouse of hundreds of events nationwide to help people strengthen their marriages.”

Is it possible that the recession has made the commitment to stay married stronger? Or is it just that couples are worried about trying to survive in a recession?

What are you thoughts on this article and this study, which can be read here.

To learn how we can help you file an inexpensive no fault divorce, give our offices a call today at (866) 830-2064.