Recently, I ran across this interesting piece on Today’s website at MSNBC.com entitled “Fighting Over Finances? Four Tips To Ease Stress.”

It’s disheartening to see so many folks affected by deep and soul-crushing debt, but when the money woes come between partners and spouses, it’s even more tragic.

Money is frequently cited as a central cause of marital disputes these days, and when the problem is severe enough to call in a bankruptcy lawyer, it can be even more detrimental to a committed relationship.

Interestingly, though, I frequently see an improvement in married clients’ relationships with each other when the bankruptcy case is actually filed.

Taking action is seen as a release for all that pressure to “do something!” and, given the fresh start and room to breathe created by the automatic stay after filing, couples have the space and time to reconnect and get a fresh start, not only on their finances, but also on their relationship with each other.

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debt management, personal finance, debt and relationships