BGN Entrepreneur

People may be seeing signs that the worst is over but unemployment is a serious issue, house prices have not yet recovered, mortgage borrowing is down and we are still facing the reality of negative equity and property repossessions. there is no doubt that financial woes can take a huge toll on marriages with one survey finding that one in four separating couples blamed money worries. there is another line of thought which suggests that couples who might otherwise have separated are sticking together until they can “afford” to divorce and sell the family home in order to run two households instead of one.
This economic uncertainty has changed the landscape for divorcing couples significantly. for many years, people have taken for granted secure employment, increasing house prices and growing investments. Now, divorce lawyers are warning that a completely different perspective is needed in structuring financial settlements.

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