You and your ex got married back in 2005. Three years later, you bought a house together. By 2015, you were talking about divorce. You finalized it last year. The marriage is over.
New Hampshire is around the middle of the pack when it comes to divorce rates by state. As a result, there's nothing about life in the Granite State to say that it either encourages or undermines relationships between people. Lately, however, it has been higher than average, with a divorce rate of nearly 12 percent compared to the national average of just under 11 percent.
It is the responsibility of both of a child's parents to financially support their child, even if they are no longer married. The custodial parent meets this obligation by having the child primarily in their care, and the noncustodial parent meets this obligation by paying child support per a court order.
New Hampshire may be the place to live free or die, but the cost can be high. The Granite State has a higher level of debt per person than the national average, with medical debt and student debt making up the lion's share of financial obligations.
People in New Hampshire owe more than most Americans per capita, which leads the personal bankruptcy rate in the Granite State to experience occasional highs. Two of the types of debt that are most likely to lead to bankruptcy are student debt and medical debt. One of the prices of New Hampshire's educated population is a higher incidence of student debt.
Home may be where the heart is, but, when a couple's marriage is on the rocks, it can be a point of contention. During the divorce process, spouses in New Hampshire will need to divide their assets, which can include the family home. Some people may wish to stay in the place where they are familiar, especially if they have children, while others may want to leave the past behind them and set forth anew. It is important for divorcing couples to understand what options they have when it comes to property division and the family home.
If you are going through financial difficulties, you may be wondering which of many possible roads you should take. There can be a great deal of confusion in regard to what is the best way to tackle debt. The solution can be different depending on the particular situation you have found yourself in, and this is why it is important that you conduct thorough research on different options.
There are many reasons why people get divorced. Some of the most common include money troubles, infidelity and simply falling out of love. Even without some of these reasons, you might be wondering if there are other factors that make it likely you will divorce.
When someone is considering bankruptcy, it is difficult to get past the emotional and rational reactions to the concept. Although it is designed to give solace to people struggling with their financial lives, it can feel like failure if bankruptcy is the best way to get there.