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A Recovering Economy Means More Divorces

Recently, a boost in the American economy has facilitated a little extra cash for millions of Americans. Many of those who fall upon good financial fortune are choosing to pursue a divorce with their spouse. According to reports in the Los Angeles Times, divorce plummeted when the recession hit, but has slowly been rising again at the rate of the improving economy.

The University of Maryland says that the divorce rate dropped from 2.10% to 1.95% in 2009 but then crept back up to 1.98% in 2010 and 2011. Researchers don't believe that the drop in divorce had anything to do with reconciled relationships and everything to do with money. They believe that many couples decided to wait until they were financially fit to file for their divorce. Even a friendly divorce can still cost thousands of dollars, and many individuals think it necessary to wait until their financial status has improved before spending this money.

Some researchers say that there are still situations when spouses may file despite financial difficulties. Financial problems are one of the top reasons for divorce, and marriages end more often among Americans that have less education and less income. If money troubles put a strain on marriages it is only natural that couples would desire to divorce during a financially-tight time such as a recession.

If you are currently wondering about divorce, or are interested in filing, don't hesitate to contact the Zendeh Del Law Firm, PLLC for assistance. This Plano family law firm can assist you in filing divorce, arranging child custody, deciding on child and spousal support and dividing your property in a way that bests benefits you. Don't hesitate to contact an attorney at The Zendeh Del Law Firm, PLLC for assistance if you want to learn more about divorce and how to start this journey.

Categories: Divorce