How to Handle Marital Debt in a Divorce

Divorce is never easy and when it comes to the money part of divorce, it can become a situation that ends bitterly. With debts, it can be a hard topic to deal with in the midst of divorce. Just like assets are divided up between the couple, the joint debts will also be divided between […]

Is A Spouse Responsible For The Credit Card Debt Of The Other Spouse?

When one spouse holds an individual credit card account and runs up significant credit card debt, they may wonder how this will affect their spouse. In some cases, a husband or a wife will maintain a credit account on their own to keep a private account or to hide excess spending. Whatever the reason for […]

Debt And Divorce

Two words that no one ever wants to deal with, yet often go hand-in-hand are debt and divorce. Both can have a devastating effect on a person’s personal and financial health. Not surprisingly, debt can often play a big role in the failure of a marital relationship. In fact, it is credited as one of […]