High Price of Foreclosure: Your Marriage

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High Price of Foreclosure: Your Marriage

High Price of Foreclosure: Your Marriage

My advice to couples…you’re only causing more harm and it’s not worth the added stress. Relax, take a deep breath and go out for a walk. If you have children in the house, it’s probably not good for them to be around tense moments.

It gets better…believe me.

HuffPO-

Nevada has the nation’s highest foreclosure rates. In December, 2011, one out of every 177 homes was undergoing foreclosure. It’s also true that Nevada has the highest divorce rate in the United States. We don’t need a study to know that many divorces stem from financial uncertainty, and this is not only happening in Nevada, but also across the nation. As foreclosure rates have increased, the amount of divorces have also continued to increase.

Is there a correlation between divorce and foreclosure? Does foreclosure increase the likelihood of divorce, or does divorce increase the risk of foreclosure? The answer is both are probably true.

While Nevada does hold the title as the state with the most foreclosures and the highest divorce rate, the state also holds the highest unemployment rate. Certainly, this is a contributing factor to their high number of foreclosures. It’s also important to note that financial problems and stress are the underlying reasons behind many divorces — and foreclosures can create both. In fact, money-related issues are the number one reason for divorce. In a state with the highest foreclosure rate in the nation, it’s therefore not surprising to learn that it also holds the highest divorce rate, as well.

Divorces create money problems

[HUFFINGTON POST]

© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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