Debt arising from Divorce
Debt arising from divorce and debt arising from separation counselling is available via the E-Insolvency "Debt arising from divorce Team" on 0800 074 6918.
The number of divorces granted in the UK has reached its highest level, new statistics reveal.
For divorce the number rose to rise year on year. Men and women aged 25 to 29 continued to have the highest divorce rates. Some divorces are due to gambling debt or credit card debts built up over time.
Get debt help by calling 0800 074 6918 on debt arising from divorce. E-insolvency offer a confidential and non-judgemental debt advice service to help you find the best way to settle your debt arising from divorce.
The advice team said at E-insolvency the rise in divorce arising from debt was partly due to pressure being put on family life by an increasingly "individualistic way of living and rising debt due to ease of credit card use. The pressure on families to deliver so many different things at a time when the instinct is to think about yourself means more people are splitting up."
Debt arising from divorce is very common and the divorce rate highest is the since records began.
The pressure on families to deliver so many different luxuries at a time when the instinct is to think about yourself is leading to debt problems. This means more marriages ending in divorce.
Quick Facts on Debt arising from Divorce
- Divorce can lead to unforseen debt from redundancy
- Often the divorce bill can lead to debt for some couples
- An increasing number or clients in the process of divorcing have debt.
- The average level of debt arising from divorce is £25,000.
- IVA advice to help with Debt is often needed as a direct result of debt arising from divorce.
- Debt is often incurred by couples on debt consolidation of credit card or store card debt.
If you would like to speak to one of our trained debt advice team about your debt responsibilities following debt arising from divorce and please complete the short contact form or call us TODAY.
