Family Solicitors Ipswich – Divorce and debt linked in older generation?

Nicola Furmston

‘It has been reported that older couples struggling from debt are twice as likely as those without debt to separate. This might be a general reflection of the fact that debt is hard to deal with for couples of any age. However, divorce amongst the older generation appears to have increased in recent years . Older couples find financial pressures particularly difficult to deal with because they are less able to work and rebuild their finances.  This effect can be exacerbated by the need to find and pay for two households when couples separate.’

Nicola Furmston is a family law solicitor at Barker Gotelee, solicitors in Ipswich

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