Law Offices of Todd K. Mohink, PA
Accessible & Affordable
An experienced Family Law and Criminal Law Firm.
Free Initial Consultation
Toll Free 800-266-8151

Strengthening economy paves way for higher divorce rate


While some marriages are unfortunately not meant to be, the struggling economy of the United States can put a strain on Maryland residents looking to move on from a failing union. However, a small uptick in the economic outlook is signaling an increase in divorce, setting the scene for a strange relationship between a positive and what is usually considered negative.

For the third year in a row, the number of divorces in America has risen to around 2.4 million in 2012. These figures are significant given that the divorce rate plunged during the 18-month recession that lasted until June of 2009. As businesses strengthen and financial stability returns for couples, more and more are finding it more viable to move ahead with the divorce process - a process that can be fairly expensive. Analysts explain the rise in divorce by stating that as the economy balances out, so too do family dynamics, causing those who have put off major decision such as divorce to reconsider and take action.

However strong the economy might grow, however, divorce can still be a difficult and stressful transition. With the assistance of an experienced attorney, such as a Howard County divorce lawyer, Maryland residents looking to make decision can be lead down the most financially viable and less-stressful path possible. Proper legal guidance can possibly sway the parties in involved to agree to an uncontested divorce, a much less time-consuming and financially taxing affair.

As family dynamics continue to level out - much like the economy is hopefully doing - many more couples who have found their relationships to be failing might act on divorce. Legal assistance can provide the pair with what is hopefully the least emotionally painful process possible, paving the way for a new life as separate individuals.

Source: Bloomberg.com, "Worsening U.S. Divorce Rate Points to Improving Economy," Steve Matthews, Feb. 18, 2014

No Comments

Leave a comment
Comment Information

To make an appointment, call us toll free today: 800-266-8151

Anne Arundel County
Empire Towers
7310 Ritchie Highway, Suite 912
Glen Burnie, MD 21061

Phone: 410-766-0113
Fax: 410-766-0270
Glen Burnie Office Map/Directions

Howard County Office
30 Corporate Center
10440 Little Patuxent Parkway, Suite 900
Columbia, MD 21044

Phone: 410-964-0050
Columbia Office Map/Directions

Baltimore County (Arbutus/Catonsville)
Phone: 410-719-7377
Fax: 410-766-0270

Back to top