Tag - Financial Struggles of Divorce

Financial Consequences of Divorce

Financial Consequences of Divorce

Many people already know that divorce often comes with child support payments and the division of total finances between both parties, but not everyone realizes that some divorces can result in poverty for one of the partners if an unprepared deal is made in court. Close to 50% of divorces lead to poverty afterward in the U.S. This is because the cost of living for a single parent with one job while raising a child can be expensive. Household [...]