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September 2019 Archives

Is socioeconomic status linked to marital unhappiness?

People in California might expect that people who are less well-off financially might also face more difficulties in their marriages. After all, conflicts over money can be a major part of marital stress and an eventual decision to divorce or separate. During the divorce process itself, financial conflicts can be particularly challenging and difficult to resolve. However, some research indicates that other issues may be more strongly linked to a likelihood of divorce although the jury is still out on marital conflict related to new financial stresses, sudden spending or economic crisis.

HAVEN Act offers protection to veterans filing for bankruptcy

Veterans in California may be at a disproportionate risk for having to file bankruptcy. While veterans are only around 10% of the overall population, they make up 15% of bankruptcy filers. In 2017, there were around 125,000 bankruptcies filed by veterans. However, the Honoring American Veterans in Extreme Need Act of 2019 may offer additional protection to veterans.

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