January ‘Divorce Rush’ Expected
If last year was a stressful time for you, consider the people who are now making their very first steps in the New Year – straight to the divorce court.
As Christmas draws to a close the stress for many couples proves too much and becomes the final straw for many relationships. Equally, couples who have promised each other to stay together for their children at Christmas are quick to start divorce proceedings as soon as it’s all over, leading January to be a busy month for divorce lawyers and dating websites.
However, this January the rise in divorces is expected to be higher than usual as analysts suspect that many couples have been waiting until a better economic climate before taking the final steps in financial settlements over their divorce.
Although many of these divorces began proceedings months earlier, estimates suggest that just under half may have been waiting until the economy improves before taking the last few steps in the hope of increasing their assets.
Chief Executive of unbiased.co.uk, Karen Barrett said:
“Getting a divorce can be a stressful enough process without also waiting to reach a financial settlement for a prolonged period of time. A family solicitor will help you through the divorce process.”
Debt levels have dropped slightly in 2009 as many consumers begin to pay off their debt while others find it harder to get credit in the first place. House prices have also risen for the eighth consecutive month, so many couples obviously felt like now was the right time to finally settle.
Could you hold on a divorce in the hope of reaching a better financial settlement or would you just want it over as quickly as possible?