Money is one of the top reasons couples get divorced. It creates problems between people. When a company files for bankruptcy, there is a lot of stress put on employees and owners alike. These situations can have drastic effects on a family’s dynamics.
For example, Denny Hecker was an owner of 26 auto dealerships, the Advantage Rent-A-Car chain and other businesses was put in a tough financial situation earlier in October. Recently he had to declare bankruptcy for these businesses which put stress on his family also. A short time after he filed bankruptcy, his wife filed for a divorce. Financially Hecker was disappointing his family and they could not deal with it any longer.
There are people in this world who think that filing for bankruptcy during a divorce is a way to reorganize themselves for the future. Bankruptcy filings have increased steadily from 1988 to 2005 from about 500,000 to 1,700,000. The amount of women versus men who file has also changed.
Filing for bankruptcy during a divorce, and going through a divorce because of bankruptcy are both very real things that happen now a day. We have to remember that families are important to everyone but also that money will always be an issue.
By: Kelsey Hoffman
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Ummmm, I think his wife divorced him because he had a lot of girlfriends.
ReplyDeleteThought this was very relevant what we what we talk about in class a great deal. It is kind of sad that people who once fell in love could divorce over money, but it when you actaully think about it,it really does seem to make sense.
ReplyDeletePosted by, Meredith Anderson