A divorce may spell change for your lifestyle, your hopes and dreams, your children’s lives, and much more. But with some preparation and planning, you can protect your interests and take charge of your financial well-being.
Accounting and Divorce
Do you have advice for business owners going through the divorce process…
“Do you have advice for business owners going through the divorce process to ensure their divorce has the least possible affect on their business?” Even though going through a divorce is a very emotional point in a person’s life, they need to take a step back and let the attorneys navigate the process for them. […]
Considering a Forensic CPA? Credibility is Worth More Than the Price
Price can be a consideration, but it should not be the primary factor in your decision of whether to hire a financial forensic expert.
My ex-spouse was awarded the house in the divorce decree. I want the mortgage off my credit report. What has to be done to corre
The divorce decree is simply an agreement between you, your ex-spouse and the court regarding who will take responsibility for paying the existing debts. The divorce decree doesn’t nullify or amend the contract you have with the lender or cause the entry for the account to change on your credit report. To remove one party […]
If I’m not obligated to pay the mortgage according to the divorce decree
No the mortgage payment does not count against your Debt to Income Ratio (DTI) as long as the divorce decree or other court issued document states that your ex-spouse is required to pay the mortgage. However, if payments are missed or late your credit scores will be effected, and in most cases this will impact […]
What do you suggest someone does if they believe a spouse is hiding assets
Well, as in a lot of areas, in family court knowledge is power. When you consult with an attorney prior to any kind of separation or anything, one of the questions that you should be prepared to ask is what type of documents you need in order to be able to prove what your financial […]
Our house is an under water property
Our house is an “under water” property and it’s the main reason my spouse and I haven’t moved forward with a divorce. We just can’t stand living together any longer and we want to get on with our lives. Do you have any suggestions as to how we can do so?
“I need a financial advisor for my divorce. How do I know who to pick?”
In searching for financial assistance for your divorce you will need to locate a qualified financial advisor.Click to read more tips by financial service professional Rosemary Frank
Can financial information make the difference between a good outcome and a bad
Compiling the necessary financial records and files you need can go a long way in ensuring that your divorce ends up the way you want it to. Listen to the lawyer’s advice and keep good account of all your financials.
Avoiding Financial Disaster
Here are some great tips to help you avoid the most common financial pitfalls of divorce.
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