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Jul 23rd, 2008

Bad Economy Causes More Divorces

According to recent data retrieved by the National Center for Health Statistics, the divorce rate throughout the country was at a record low in 2007.

However, the amount of people getting divorced as the economy dips seems to be increasing this year.

Statistics Show Increase in Divorce Rate

Research shows that 4,913 divorces were filed in Bexar County, Texas, from January to June.

In comparison, 4,766 were filed in the same time period during 2007.

Although divorce experts say the rate is not increasing in every state, the change is obvious in many counties.

Tight Times to Blame?

Margaret Montemayor, the District Clerk in Bexar County, says the financial issues Americans are now facing could play a crucial role in the heightened divorce rate.

“Mostly, it’s about the economy,” explains Montemayor. “Gas is going up, couples are losing their houses and groceries are more expensive.”

Steve Benke, an attorney who specializes in divorce law agrees with Montemayor.

“I think people are in a financial crunch,” says Benke.”

Amount of Divorces Expected to Rise

As in most relationships, when finances are in trouble, the road gets bumpier and the same holds true in a marriage, most likely even more so.

Experts say that with the start of school just around the corner and the economy still at a low, the amount of divorces that occur within the country will only continue to rise.

(Source: KSAT)

Are you currently going through a divorce? Please contact a divorce attorney today to ensure that your rights are being protected and you’re getting the legal guidance you need.

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