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« Raising Children After Divorce | Main | Fear: A Failing Economy »

Divorcing Couples Trying to Save Money

June 10, 2009

 Uncertain economic times are leading to an uneasy truce in the War of the Roses, as divorcing couples try to save some money - and perhaps some dignity.

With retirement accounts in tatters and homes losing value, many couples are dividing debt, not assets. The last thing they want is a mountain of legal bills to add to it.

“They don’t want battles in court,” said St. Charles lawyer Rebecca Magruder.

“We’re seeing more people being more realistic about what they will get, more willing to settle,” said Alisse Camazine, a Clayton divorce lawyer.

If a married couple are barely covering their current household expenses, the same income is not going to support two separate households.

By: AISHA SULTAN

Posted by Judith Gerhart on June 10, 2009 | Permalink | Post a comment

Topics: Divorce, Finance, Tips |


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