
Feb 28, 2023
Effects of the Economic Downturn on Divorce
Family Law by The Law Offices of Brandon Bernstein
The economic trends of the past year were discouraging in many ways, and they have continued into 2023. Inflation closed out 2022 with a 6.5% increase. The S&P 500 lost nearly 20% in 2022, recording its worst year since 2008. These negative economic trends have an impact on couples considering whether to file for divorce. Additionally, these factors can force already-divorced couples to consider seeking modified divorce orders. A Bethesda divorce attorney can help you evaluate, given the current state of the economy, whether this is the proper time to seek a divorce or modify your divorce decree.
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