Please explain the link between divorce and bankruptcy?
I'm not an expert and had to ask myself. It was explained to me early in the thread. The way I understand it (in general terms) is that it stretches financing tight by reducing incomes and requiring two residences. I would also assume that it creates some chaos, which is never a good thing.
Pre-divorce, you have the family income going to support one household, post-divorce (really, after the initial split-up) you have the same income going to support two households. Two rental payments, two sets of utility bills, what's difficult to understand about that?