Many people are unaware of the fact that even after divorce, they can end up being responsible for their ex’s debt. Most couples join accounts when getting married. There may be no debt in the joint account when you divorce, but even after getting a divorce, if you don’t take...
Date(s) of Separation
Believe it or not, couples undergoing divorce sometimes disagree over their date of separation. Now, you may be asking 1) how can people not know the date they were separated, and 2) why does the date of separation even matter? The answer to the first question is that a date...
The Economy and Divorce
Amidst decreasing home values, a seemingly stagnant unemployment rate, and cuts in government services, couples undergoing divorce must still divide property, and decide over custody of the children. However, the recession has affected how couples view their various assets to be divided in curious ways. Due to plummeting property values,...