Sylvester Stallone and wife Jennifer Flavin reconcile for 2nd time, a month after filing for divorce

• Sylvester Stallone and Jennifer Flavin suspended their divorce proceedings this week, per People Magazine.
• Court records show that the couple filed an "order of abatement" on Wednesday to stop proceedings.

"Rocky" star Sylvester Stallone and his wife Jennifer Flavin are reconciling their relationship for a second time, just a month after the couple filed for a divorce, according to People Magazine and Page Six.

The Palm Beach County Circuit Court docket indicates that the couple filed an "order of abatement" on Wednesday, which means they're suspending the divorce proceedings.

"They've decided to let it ride again. They just decided to reverse course and try again," a source told People.

On August 19, Flavin, 54, filed for divorce from Stallone, 76, accusing Stallone of hiding marital assets, according to court documents obtained by Insider. The model requested that she be compensated with "an unequal distribution of the marital assets in her favor."

In a statement to People at the time, Flavin said: "I'm sad to announce that after 25 years of marriage I have filed for divorce from my husband Sylvester Stallone. While we will no longer be married, I will always cherish the more than 30-year relationship that we shared, and I know we are both committed to our beautiful daughters. I ask for privacy for our family as we amicably move forward."

Stallone denied the accusations and refused to vacate their joint family home in Palm Beach, Florida, the filing showed, saying he had "not engaged in any conduct which constitutes intentional dissipation, depletion and/or waste of marital assets."

"I love my family," Stallone said in a statement to Insider at the time. "We are amicably and privately addressing these personal issues."

The couple first met in 1988. After six years in a relationship, Stallone broke up with Flavin in 1994. People Magazine reported at the time that Stallone cheated on his partner.

But the two reconciled in 1995 and had their first child, Sophia Stallone, a year later. They were married in 1997 and celebrated their 25th wedding anniversary in May. The pair share three daughters, Sophia, 26, Sistine, 24, and Scarlet, 20.

An attorney and publicist for Stallone and Flavin's attorney did not immediately respond to a request for comment.

A spokesperson for Stallone told Page Six that they are both "extremely happy" after reconciling.

"They decided to meet back up at home, where they talked and were able to work out their differences," his spokesperson told Page Six.