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Tag Archives: recession

Should you divorce during the recession?

By Kainen Law Group |

Just a few weeks ago, we wrote a blog post about divorcing in a difficult economy such as the one we are currently in. Specifically, we discussed a study reporting that for every 1 percent increase in the unemployment rate, the divorce rate decreases by 1 percent. This is likely because couples simply cannot… Read More »

What if no one wants the house?

By Kainen Law Group |

In previous, more prosperous years, a house used to be a major bargaining tool in a divorce. Spouses would fight over the family home, and if they were not able to reach an agreement, they would simply sell the home and split the profits. Easy as that. Today, the family home remains a bargaining… Read More »

Nevada ranks first on list of most divorced states

By Kainen Law Group |

Following a 2010 study, Nevada has been ranked as the nation’s “most divorced state,” with approximately 6.6 divorces per 1,000 people in the state. Certainly, there are a variety of possible reasons for Nevada’s disproportionately high divorce rate. In a CNBC analysis, the temptations of Reno and Las Vegas are blamed for the rank…. Read More »

Financial infidelity could lead to divorce

By Kainen Law Group |

Despite the continuing reports that the economic recession is over, many Las Vegas residents continue to feel the pinch of a tough financial situation. High mortgage payments, credit card debt and medical bills leave many people without much, if any, money left over at the end of the month. However, old habits break hard,… Read More »

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