View Full Version : Tough economy hurts divorce trades
coadie
10-30-2009, 11:43 AM
Jeff Grumley, a marriage counselor in Loves Park, Ill., north of Rockford, said he had seen a 25 percent jump in business in recent months as couples tried to save their marriages, and their money. Ten sessions cost about $1,000, Grumley said — not exactly pocket change, but far better than the tens of thousands of dollars a divorce costs.
“I think people feel desperate,” Grumley said.
http://www.msnbc.msn.com/id/27808110/
Divorce is incredibly expensive. It won't work if they can't drag money out of their "home equity" and finance a good fight. If there is a divorce, there are more bankruptcies.
I am sure financial related conflicts contribute to domestic warfare. This gives Pastors time to work with people and help relationships be restored.
Paul in corinthians covered divorce. The carnal people wanted to divorce non believing spouses. Today they have prospects of dating unemployed partners.
In South Florida, where the condominium-heavy Miami area has been described as ground zero of the mortgage crisis, Miami-Dade County reported an 18 percent drop in divorce filings from January to May, compared to the same period last year. Perhaps not coincidentally, average real-estate prices in the area fell about 20 percent over the same period.
“What the judicial officers are telling us is that people who do come in are saying they can’t afford the cost of splitting up and going into two households — they can barely pay for the one,” said Scott L. Rubin, a marital and family lawyer in Miami who is chairman of the Family Law Section of the Florida Bar.
Aquila
10-30-2009, 01:00 PM
Let's hope they can work out their differences. I know a couple who say it's too expensive to divorce. They live together and have kids... but he has his life and she has hers. Kind of sad really. You almost hope they'd divorce so they could move on. :(
rgcraig
10-30-2009, 01:40 PM
Cheaper to keep her.
DividedThigh
10-30-2009, 01:47 PM
i heard one commentator say she was waiting till the money was better before takin all of it, lol
rgcraig
10-30-2009, 01:49 PM
i heard one commentator say she was waiting till the money was better before takin all of it, lol
Lol!!!!
There are a lot that are probably doing that. Splitting the 401(k) right now isn't too good. So maybe these numbers aren't true - - - once things get better it may rebound and get worse.
DividedThigh
10-30-2009, 01:51 PM
well i hope it gets better for all, divorce is painful even for the socalled winner, dt
rgcraig
10-30-2009, 01:52 PM
well i hope it gets better for all, divorce is painful even for the socalled winner, dt
There's never a winner.
DividedThigh
10-30-2009, 01:52 PM
Cheaper to keep her.
as it should be, lol
coadie
10-30-2009, 01:53 PM
Let's hope they can work out their differences. I know a couple who say it's too expensive to divorce. They live together and have kids... but he has his life and she has hers. Kind of sad really. You almost hope they'd divorce so they could move on. :(
Many years ago, I saw people lose a job and complete families moved in with their parents and their childrens grand parents. talk about shrinking demand for housing units.
DividedThigh
10-30-2009, 01:53 PM
There's never a winner.
only degrees of loss, dt
coadie
10-30-2009, 01:55 PM
If they own a condo together and it can't sell at all, the party not living in it, can't get out of the debt.
rgcraig
10-30-2009, 01:57 PM
only degrees of loss, dt
Very true.
Baron1710
10-30-2009, 02:00 PM
If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.
Oh I was too busy to comment earlier.
rgcraig
10-30-2009, 02:10 PM
If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.
Oh I was too busy to comment earlier.
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.
Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
coadie
10-30-2009, 04:19 PM
If you don't have a house or large assets to divide it's not as big a deal. People also take all of one asset and none of another. For instance she keeps all her retirement and he keeps the house.
Oh I was too busy to comment earlier.
So if the primary asset is the house, the tricky one is to divide the liabilities.
coadie
10-30-2009, 04:21 PM
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.
Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
Or the employed one risks a layoff.
Baron1710
10-30-2009, 05:20 PM
No, but I think what they are saying is now it's easier to just stay together rather than have to have two places to live, two sets of utilities, etc.
Actually, it shows they might have some compassion - - not wanting to throw out the unemployed one, etc.
Actually you can get a divorce and continue to live together in many states. Living separate and apart in DC, is understood as not living as husband and wife but more like roommates.
rgcraig
10-30-2009, 05:31 PM
Actually you can get a divorce and continue to live together in many states. Living separate and apart in DC, is understood as not living as husband and wife but more like roommates.
Well, that would work logistically, but in most cases I don't think it would be ideal - lol!
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