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Avoid Debt While Going through Divorce


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.