How Can I Protect My Credit?

It is hard enough when your marriage fails, but having your credit rating ruined during the process can be devastating.

Many clients, with good reason, express concern about their credit rating during and after divorce proceedings.

There are preventative measures you can take to keep your credit rating intact:

  • Pay attention to your obligations, such as mortgage, home equity line of credit, auto loans, bank loans, credit cards
  • Close all accounts that have no balance
  • If your account has a balance, ask for the bank to place a freeze on it – no further debt can be added to it
  • Make sure all joint accounts get paid on a regular basis – don’t forget your utility bills
  • If you don’t have credit in your own name, consider applying for a credit card once the divorce is final

Divorce can create financial troubles, especially when assets and debts are being divided. It is important to ensure that you have the necessary legal representation to get through the process of divorce as smoothly as possible.

At the Orange County family law offices of Amy M. Montes, we can get you through difficult family law matters such as protecting your credit. Call us today to discuss your options and get answers to your questions.