Finance

Divorce: How to Make a Clean Financial Break

Jill Russo Foster asked:
How often have you heard about a divorce that went well? And when someone tells you their divorce went smoothly with no hard feelings, you would be smart to wonder how the other side felt about the divorce settlement. There are definitely winners and losers in divorce proceedings, and all too [...]


Divorce Can Raise Bad Debt Levels

Gordon Edwards asked:
Married couples with bad debts have problems enough, but if divorce is in the air, things could be about to get a whole lot worse. When you consider that bad debts can be a cause for divorce it becomes clear that this is a big problem facing many people. You might think [...]


Divorced and Cheated Out of the Family Finances – How Smart Divorce Lawyers are Ruining Women

Jas asked:
But even more interesting and instructive is where all the big divorce money for the lawyers is coming from?
Yep, you guessed right, its’ from our pockets, yours and mine. Basically any cash paid to a lawyer, even by your ex-husband depletes the family finances and assets that may have to be sold to [...]


See Ya…adios…sianora…the Painful ‘death-like’ Experience Called ‘divorce’…and How it Can Effect Credit Ratings

Dale Rogers asked:
If one of the primary reasons for a split emanated from excess debt and credit challenges then there may not be a lot of cash floating around to effect a quick settlement. Additional complications may flow from a foreclosure and/or bankruptcies where one party may not want to stay around for the [...]


Joint Bank Accounts and the Problem of Divorce

Peter Kenny asked:
If you are in the unfortunate situation of getting divorced, then you may be wondering how to sort out your joint bank accounts. Whether the divorce is amicable or not, it is important that you both agree on how to split the monetary funds in your joint accounts so that you both [...]