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« Women and Divorce: Part 3 | Main | Women and Divorce: Part 5 »

Women and Divorce: Part 4

June 16, 2009

Face Today’s Tough Economy

The economic downturn has made divorce more complex than ever. Because a couple’s largest asset is often their home, and most homes have lost some if not all of their value, selling a home and splitting the sale 50-50 is less attractive than ever. The situation is so bad, says Nancy Chemtob, a New York City divorce lawyer with celebrity and billionaire clients, that many couples are putting off divorce until their financial situation improves. This way, homes and stock options don’t have to be sold and split with neither party making a dime.

By: KIRI BLAKELEY

Posted by Judith Gerhart on June 16, 2009 | Permalink | Post a comment

Topics: Divorce, Tips |


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