Your financial future depends on good credit scores and clean credit reports with no derogatory items. In this article, I review the steps and offer some tips for handling your credit reports, joint credit cards, and other debts, so your credit will be protected before, during, and after divorce.
Debt and Divorce
If you suspect your spouse is hiding assets or concealing income, you should take steps to contact a legal professional to get further advice.
How thoroughly you prepare for your divorce, even in the early stages before hiring a lawyer, can substantially impact the divorce process, especially your bottom line.
Here are some words of wisdom and experience I failed to listen to after my divorce. “Take a good look at your present lifestyle. Admire it. Praise it. Give it the love. Then, kiss it goodbye.”
Borrowing money from loved ones and family members is not an easy thing to do. Both parties may feel guilt and resentment. That’s why, before even approaching individuals for a loan, all the options should be explored.
After your divorce, you may wonder how you will gain financial independence. Read on to understand and conquer the money difficulties that come with separating.
Now more than ever, you need to find ways to reduce your budget to match your income and save money after divorce. These tips will help you save money after divorce so you can get back on your feet faster.
Failing to consider all of the financial ramifications of divorce can have catastrophic consequences, so think twice before you act.
With issues such as spousal support, child support and child custody now being a part of your life, it’s important to be prepared before filing taxes after divorce. Tax day is almost here. If you have recently gone through a divorce, you may or may not have thought about how it will affect your financial […]
Don’t go through divorce alone: build a divorce team! Here are a few professionals that should be playing and not warming the bench.