Avoid Debt While Going through Divorce
Posted on May 3, 2012 1:05pm PDT
Getting a
divorce is never easy, especially knowing how expensive it can be. If you are
considering getting a divorce, there are several financial steps you should
take to protect your bank account in the future. First, avoid over-using
credit cards. When you are divorced and have to handle your credit card
payments alone, you may find yourself unable to make your payments as
planned. Missing payments can affect your credit history for years. Second,
do not use your credit cards to make payments toward loans. Some people
start to use their credit cards to make payments for mortgages, car loans
and student loans. However, once you start doing this, you may find yourself
even further in debt, which is never good.
Finally, if it is possible, ask your friends and family for financial assistance
until your divorce has been finalized. Instead of racking up a great deal
of debt on your credit cards and not being able to repay what you owe,
a family member or friend may be able to lend you money until you are
able to get back on your feet after the termination of your marriage.
Do you have questions about divorce in Florida?
Contact Hutchinson Law now to set up your case evaluation with an experienced
Jacksonville family lawyer that can offer insight and advice.