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Could improving economy lead to higher divorce rate?

When a couple in the San Antonio area decides to split up and end their marriage there can be many consequences that follow. Divorce is usually not an easy decision and when a couple does decide to divorce they should consider all of the ways that decision will affect them, including financially. If you are facing a divorce you might want to weigh all of your options and all of the possible outcomes before making a final decision.

According to a new report the divorce rate has seen a recent surge that may actually be a natural consequence of the country’s financial turnaround. According to some recent statistics regarding divorce, as the economy improves the divorce rate tends to move up with it. During the country’s recent recession period, which ended in June of 2009, the divorce rate took a steady dive and actually reached its lowest point in the last 40 years.

In fact, according to a University of Maryland professor nearly 150,000 would-be divorces were actually put on hold or avoided between 2009 and 2011. However, as the economy has taken a turn for the better, the divorce rate has jumped with it. Reportedly, the divorce in the U.S. rose for the third consecutive year in 2012, to around 2.4 million.

If you are thinking about divorce but aren’t sure what step to take next then now may be a good time for you to find an experienced divorce attorney who can help answer your questions and give you solid and sound legal advice.

Source: Bloomberg, “Worsening U.S. divorce rate points to improving economy,” Steve Matthews, Feb. 18, 2014

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