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Credit crunch keeps couples from splitting

China Daily | Updated: 2009-06-09 07:55

Credit crunch keeps couples from splitting

LONDON: Fewer British couples are filing for divorce as a sharp drop in property prices makes it hard for couples to sell a joint home, and the credit crunch dampens a desire to fund two separate households, a study shows.

The study, published by Grant Thornton accountants, showed that almost half of all surveyed matrimonial lawyers believe the numbers of divorces has slumped - and will continue to do so - because of the financial squeeze.

"Lawyers believe they will see less couples filing for divorce during the credit crunch," said Robert Kerr, partner at Grant Thornton's Forensic and Investigation Services.

Credit crunch keeps couples from splitting

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