It is a sobering statistic, but it has been forecast that nearly half of all marriages in the UK will end in divorce. Apart from the domestic trauma this implies, with issues of custody etc, it will also have a severe impact on incomes and consequently bankruptcy.
Divorce and couple separation are known to be central factors in the growth of personal debt. According to a recent report, no less than 28 per cent of bankruptcies arise from divorce or the break-up of established relationships.
