Debt and Divorce

As a CPA who has counseled many couples, I’ve seen this formula before.

If bills from joint accounts are too much to handle on your own, there’s a way out that won’t leave your ex on the hook.

Emotionally, divorce is one of the hardest challenges most of us will ever face. But separating from a partner isn’t just tough on our mental health, it can also pose all sorts of problems when it comes to our finances.

Divorce impacts many aspects of your life, from your emotions to your finances. It can take a toll on not only your expendable income but also your credit and other assets. Use these five tips to improve your finances quickly after your divorce. 

Taking care of your finances ahead of time allows you to gain some control over your monetary situation post-divorce, but no one can predict what happens after a breakup. If you’re unsure of where to turn, try some of these helpful tips for coping with financial changes during divorce.