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Divorce during a recession in New Jersey

Posted on May 22, 2012

Many New Jersey couples contemplating divorce during a recession choose to postpone taking any action until the economy
improves. The reasoning is that during bad financial times it is better to minimize costs and delay taking on new or
additional expenses (housing, legal, child care, etc.).

In theory, the cost savings allows the couples to continue their lifestyle without additional financial pain. Unfortunately,
the truth is that a great number of marital problems find their root in the financial difficulties resulting from a recession.
Thus, these couples compound their financial difficulties by placing themselves in a position where emotional
confrontations are inevitable.

Further, many of these couples are surviving by taking advantage of available credit, which, when the economy
improves, will further diminish their ability to move forward separately after their divorce.

Simply put, there is no “good” financial time to divorce during a recession.  We at Azrak & Associates understand the practical and
sensitive nature of matrimonial cases, and will be able to help with the important divorce decisions you are facing.  Call us now at 973.839.9062 or email us at lawyers@azraklaw.com for an initial consultation to review your options for divorce during a recession.

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627 Newark Pompton Plains Turnpike l Pompton Plains, NJ 07444 l Office: (973) 839-9062 l Fax: (973) 839-2743 l Email: Lawyers@AzrakLaw.com
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