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Couples staying together because of poor economy

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MattH
Senior Contributor

Couples staying together because of poor economy

 

http://news.yahoo.com/s/ap/20081203/ap_on_re_us/meltdown_divorced_but_together;_ylt=AoqjAiSOyfVxwkSjr3LFUccDW7oF



 


...
With the recession and the collapse of the housing market, more and more couples who have broken up are continuing to live under the same roof, according to judges and divorce lawyers. Some are waiting for housing prices to rebound; some are trying to get back on their feet financially.

The phenomenon is being felt around the country but most keenly in areas hit harder by foreclosure, such as the Sun Belt.

When the real estate market was booming, couples would promptly sell their home, split the profits and go their separate ways.

These days, Florida Judge John C. Lenderman said, about a third of his cases involve homes that are in foreclosure or that a family is struggling to sell. Lenderman said he has never seen anything like it in 40 years as a lawyer and judge.

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