Couples in Massachusetts make a wide range of choices based on economic factors. Many put off major home improvements or family vacations when times are tough, others pare down household expenses such as electricity consumption or cut the cable television bill. A recently released study suggests that this type of financially-motivated decision making also extends to bigger issues, including the decision to file for divorce.
Although debt is becoming less of an issue each year as individuals reduce their financial obligations, it still remains a significant problem for many couples. According to an article by The Augusta Chronicle, the division of debt has become a larger hurdle than the division of assets in many divorce proceedings in Massachusetts and elsewhere.