With lower rates of unemployment and a recovering U.S. economy, now might seem like a good time to get a divorce. This may sound like silly logic, but AFP reports that statistics from the American Academy of Matrimonial Lawyers show that divorce rates dropped by 24 percent in 2008 and then by 57 percent in 2009. The rates of divorce started to inch up last year as the economy began to recover.
Why exactly are more people divorcing now that economy is recovering from the recession? One reason, a dissolution of marriage can have an expensive price tag. Not only are there fees for filing the divorce petition, but people will also often loose a great deal of money from property division or a divorce settlement.