Tuesday, August 5, 2008

Bad Economy Keeping Families Together?

You always hear that money and finances is a major reason why couples get a divorce. Well it appears that the current bad economy and the terribly housing market is actually keeping couples together. Divorce is without question expensive, and with filing fees going up around the state, a couple can pay over a $1,000.00 in filing fees and court costs before they ever get to a judge or mediation. The average contested divorce that does not go to trial and settles at mediation can easily cost $10,000.00 in attorneys fees, mediation fees and court costs. With no money to save a home from foreclosure, it is understandable that some couples will stay together because they can't afford the financial cost of a divorce. The question then becomes whether or not the financial decision to stay together is the right emotional decision. The following article discusses the dropping divorce rate in Southern Florida and what impact the current economy has on that statistic:

http://www.foxnews.com/story/0,2933,381981,00.html

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