Bad Economy = Fewer Divorces
It seems that when the screws are tightened during a bad economy, couples find a way to stay together or at least postpone divorce. Gary Nickelson, president of the American Academy of Matrimonial Lawyers (AAML) says, "Many individuals tend to employ a wait-and-see strategy during a troubled marriage and are very well prepared when it comes time to file for divorce. A sudden drop in net worth can effectively postpone this final decision from being made."
The AAML conducted a survey and found that 37% of AAML members said they typically see a decrease in the number of divorce cases during national economic downturns, 19% experienced an increase. I guess we'll take any bright spot we can with the awful economy.
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