Current cost of living crisis causing a surge in divorce rates
It is anticipated that 2023 will see an increase in couples deciding to go through the divorce process. This is due to the no fault divorce laws which were introduced in April of last year and the current cost-of-living crisis, which is placing more stress on couples.
Following a recent survey published by Relate, it is clear that many people considered that the cost-of-living crisis will have an impact on their relationship over the next year. The survey also reported that 19% of the participants had considered proceeding with getting a divorce in 2023.
Couples can now divorce on a no-fault basis, meaning that couples no longer need to place blame or make allegations against the other to obtain a divorce. The idea behind this was to make the process much more amicable, and couples can start proceedings in a much more conciliatory way.
The change to the law in April 2022 has also introduced a new minimum period of 20 weeks between the start of the divorce proceedings and the application for the conditional order. This is to provide couples time to reflect on the decision, and to encourage them to resolve their financial issues and deal with any necessary child contact arrangements in that period.
If you are considering separation or divorce from your partner, our highly accredited team of divorce solicitors at Wolferstans are here to help you. We can advise you on the associated issues that you should be considering. Read what one of our clients had to say:
“Having separated from my partner many years ago I'd put off divorce proceedings for many years. Catherine at Wolferstans ensured everything went through smoothly and timely and kept me fully informed throughout what could have been an even more stressful time. Thank you!”
It may be tempting to deal with the divorce yourself. However, we encourage you to take legal advice to ensure you have dealt with the financial issues. If you are in a position where you have property, pensions, or capital assets, it is vital that you take legal advice before taking any steps to divorce from your partner.