Divorce is never easy financially, but an angry or simply irresponsible spouse can make it even worse by ruining your credit. Even a well-meaning ex-spouse can hurt your score by missing payments as she struggles to adjust to a single-income household, or you can hurt yourself by overestimating your own income. Fortunately, there are some steps you can take to make sure your credit emerges unscathed from your divorce.
We have all heard that "hindsight is 20/20." This tends to be especially true when it comes to divorce. So many people find themselves acting irrationally, aggressively, or irresponsibly during their divorce. This behavior is often out of character, and divorce can bring out negative traits in even the best of people. Many of the mistakes that people make can be avoided with a little coaching from a qualified lawyer. When you hire experienced divorce attorneys in Daytona, FL or at one of our other locations, you can help ensure that you don't make these common mistakes.
Debt is just about as American as baseball and apple pie. When you think about the number of American couples who owe a tremendous amount of debt, the number is truly amazing. They have a mortgage on their home, a loan on their car, and they use credit cards to cover real emergencies and even luxury purchases. The debt might not seem like a big deal when you are living happily ever after, but what happens when the marriage starts going downhill? Who is going to get stuck paying the bills?
At some point in time, all marriages will end. It may be that the one spouse passes away or it might be that the marriage is terminated. In Florida, marriages are ended in one of three different methods: annulment, divorce or the death of a spouse. End though annulment and divorce will both cause the marriage to end, the similarities stop there. Florida law mandates what an annulment and divorce is, as well as who can receive one and when the request will be granted.
