Tuesday, May 21, 2013

Rebounding Economy Encourages New Divorce Filings

Divorces are on the rise again across the U.S. and in Southern Rhode Island. Economic stability is giving unhappy couples confidence in their ability to support themselves in separate households. Experts credit the rebounding of the real estate market, improving unemployment numbers and the healthy stock market for the increase in new divorce filings. In recent years, many couples have felt forced to remain in unhappy marriages because one or both spouses may have been unemployed or fearful of a job layoff, or because the marital residence may have been an “underwater” property, with no equity to divide in a marital settlement agreement. The recovering economy also results in couples having more disposable income and being able to hire family law attorneys to represent them in long-awaited divorces.

Click here to read last week’s Today Show report on how couples are affording to file for divorce.

http://lifeinc.today.com/_news/2013/05/14/18250438-til-death-or-economic-recovery-do-us-part?lite

Have you been staying in an unhappy marriage because you are worried about your future finances?

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