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Weekly Divorce Tip #6

Everyday women’s credit is ruined by their ex-husband’s failure to pay debts, as required by their divorce judgments or settlement agreements. Don’t let this happen to you. If you have any joint debts that your husband is ordered or agrees to pay during the divorce, have your husband pay or refinance the debt in his name alone, before the divorce decree is final. Additionally, ask the judge to order, or include terms and consequences in your agreement, that your husband must pay or refinance the debt within 30 to 60 days or an alternative course of action, such as selling the house and paying the debt, shall be taken. If you do these things before your divorce is final and realize your husband can’t pay or refinance the debt, you can return to court for further assistance and hopefully, avoid any negative effects on your credit.
This article is not legal advice. You should consult an attorney if you have legal questions that relate to your specific divorce.

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