Divorce is a tumultuous time emotionally, mentally, and of course financially. The period after a divorce is no less stressful and uncertain as the time before. Unfortunately, it is during this vulnerable time that people fall into debt, bankruptcy and ruined credit scores. It is important to allow yourself as much time as you need… Continue reading →
Posts Tagged ‘financial stress’
Improve and Maintain Credit After Divorce
When you and your spouse obtained credit together, you entered into a contract agreeing to pay your bills. When you divorce, this contract does not dissolve; each of you remains fully liable for your debts. You can employ a few tactics to make sure your credit obligations do not make your divorce more difficult, like… Continue reading →