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Couples Prefer to Stick Together During Credit Crunch
Married couples have realised that it is far cheaper to stay together rather than get divorce- that's when they can't stand each other.
circuit courts across the country have reported downturns in the number of divorce and separation filings.
A 5 percent decrease in filings, which is about 600 cases, has been seen in Cook County's Circuit Court in Chicago in the first three quarters of 2008, compared to the same period last year.
A similar drop rate was also reported in other cities across the country.
A poll by the American Academy of Matrimonial Lawyers surveyed its members, who were all divorce lawyers.
And the findings of the poll revealed that 37 percent of divorce lawyers have seen a decrease in the number of couples seeking a divorce, while just 19 percent saw an increase in divorce cases.
"The reason that the economy has such an enormous impact on divorce is that most people in the middle-income brackets are getting by on whatever income they have. They're just getting by," the Wall Street Journal quoted Bonnie Booden, a family law and divorce attorney in Phoenix, as saying.
She claimed that one major factor in the divorce downturn was that after divorce, couples have to establish two separate and that too with current funds, which can become a prohibitive factor when you're looking at divorce in tough economic times.
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