Divorce settlements 'being delayed until economy recovers'

A significant proportion of UK couples going through the divorce process are delaying reaching settlements until the end of the recession.

This is the claim of Unbiased.co.uk, which conducted a survey of solicitors regarding the length of agreement process.

It found that 48 per cent of the legal practitioners polled have seen such hold-ups among their clients since the beginning of the economic downturn.

Also, two-fifths of the solicitors suggested that the time taken to reach an agreement between the divorcing parties had increased over the last year.

Responding to the figures, Unbiased.co.uk chief executive David Elms stated: "The credit crunch may lead many people to put major financial decisions and developments on hold."

Research conducted recently by a team from the University of Denver found that couples who opt to cohabit before getting married are more likely to get divorced than those who have not lived together first.
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25/08/2009 16:15

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