Category Archives: Debt Division

When divorce looms — some basic financial steps

December 3, 2007 – 7:41 am

If unhappiness describes the general mood of your marriage and talk of going separate ways is becoming commonplace; it’s time to get your act together. Divorce sounds likely. Have you given much thought to your finances? It’s time.
Two experts in the subject — a lawyer who has been divorced and a certified financial planner […]

By Divorce Help Network | Also posted in Property Division, Divorce | Comments (0)

Bankruptcy and Divorce Obligations

October 2, 2007 – 4:55 pm

Interesting and timely post today on the Bankruptcy Law Network concerning what the bankruptcy reform of 2005 may have had on divorce obligations.
Bankruptcy and divorce law do not always play well together. Here’s how it looks after the October, 2005 reforms.
Child custody and visitation: Not affected at all by bankruptcy. No change […]

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Does a Married Debtor Filing Individually Need to Disclose His Wife’s Assets?

September 19, 2007 – 6:23 pm

This from the Bankruptcy Law Network.
Question I’m considering filing a Chapter 7 bankruptcy. I am married, but filing alone. Question: My wife and I own 3 acres of land that is paid for. The land is in my wifes name only. Would I have to report that in my filing and could they take the […]

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How Will My Divorce Affect My Credit?

September 16, 2007 – 7:00 am

Ask the Advisor has a very good post concerning divorce and credit. I am not going to paste the article here. I am however, going to provide a link to the post. It is called, How Will My Divorce Affect My Credit?
While you are there check out some of the other information contained in Ask […]

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How to Protect Your Credit After Filing for Divorce

September 15, 2007 – 4:46 pm

If you weren’t aware of how to protect yourself before your divorce started or you have found out that even though you have done
everything right, you are still left with the threat of a black mark on your name because of credit accounts that may not even be your responsibility, then you are not alone.
Thousands […]

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