Divorce Finance

Hell Hath No Fury…

I filed a petition for personal bankruptcy for the Chief Executive Officer of a publicly traded corporation who personally grossed a salary of $30,000 per month. “Wait! What?” you exclaim.

A Vital Conversation: Keeping Financial Issues and Divorce at Bay.

One of the leading reasons why couples seek marriage counseling and ultimately divorce is because of financial issues, including disagreements as to how to handle debt and differing spending habits.   Financial issues are a huge source of stress for so many. Contrasting spending styles, or simply not having enough money to go around each month, …

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The 7 Biggest Divorce Mistakes: #2 Emptying The Joint Bank Accounts

Some divorce lawyers encourage their clients to empty out the joint bank accounts, “before your spouse does it.” This is a declaration of war, equivalent to pushing the red button. In many jurisdictions, when one person petitions for divorce, the judge enters a standing temporary order, instructing the clients not to dissipate marital assets, not …

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Get Educated, Part II: Avoid Committing Federal Mortgage Fraud

  In Get Educated, Part One, we discussed how to verify someone’s experience. We also explained that you should find out what your loan options are before your divorce is final, because the terms set out in your final judgment of divorce can either foster your goal, or prevent it. And your lawyer is unlikely to know …

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Closing The Chapter: 13 Tips for Financial Security Post Divorce

There are all kinds of guidelines for recovering emotionally from the dissolution of your marriage. But what about your finances? What steps should you take to safeguard your credit, establish new credit, protect your dependents, etc.? I can tell you horror stories about the errors people have made (or rather the remedial actions they have …

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