Mortgages & Debt
Mortgages Can Cause Serious Financial Problems Post-Divorce
A house is typically the largest asset a married couple acquires. Because of this, it is also one of the most complicated to divide if it comes time to go your separate ways. Determining what happens with the home will likely be one of the …
Dividing Marital Debt And Protecting Your Credit
Splitting marital debt can be an area of fierce contention and bitterness. Like marital property, debt incurred during the marriage is usually split 50/50, unless state laws or circumstances dictate a different sort of division. Determining who will get the debt from any joint credit …
Joint Car Loans: How Can You Protect Your Credit?
In many divorces, car loans are on long-term payment plans and cannot be refinanced into just one party’s name very easily. If your spouse is retaining as his/her sole and separate property a vehicle with a debt owed against it, and your name is on …
The Importance Of Language And Detail In Divorce Decrees Or Orders
Rosemary Rizk, Contributing Author We have all heard the expression “the devil is in the details,” and I will tell you that saying is even truer when you are going through a divorce or abiding by orders post-divorce. My rule of thumb for writing a …
Retirement Implications And Challenges Of Gray Divorce
Recovering from a divorce is never easy, which becomes even more apparent when divorcing later in life. The growing trend in divorces from the baby-boomer generation has given rise to the prevalence of the term “gray divorce,” or divorces by people age 50 and over. …