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Legal and Financial Rights of Women in Divorce

August 23, 2019 Leave a Comment

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The reason why marriage is a legal contract are many, but one of the big ones is to ensure that both spouses are taken care of after a divorce. Even when a couple decides to separate, they have an obligation to each other and their children.

Legal and Financial Rights of Women in Divorce

In most cases, it is the rights and finances of a woman that suffer most from a divorce because she’s more likely to stay at home and look after the household. So, it becomes the responsibility of the breadwinner husband and legal right of the woman to receive financial and legal recoupments as listed below.

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What Happens to Credit Card Debt Upon Divorce?

January 2, 2018 Leave a Comment

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Most married couples in the U.S. accrue staggering amounts of debt during the span of an average marriage. Debt is one of the main issues that couples fight over, and maybe even eventually divorce over.

What Happens to Credit Card Debt Upon Divorce?

If the debt is bad during the marriage, it’s nearly unbearable during a divorce. Debt, even credit card debt, is split up during a marriage between the spouses according to state law.

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After the Divorce: Getting Back on Your Financial Feet

February 18, 2014 2 Comments

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The emotional pain of divorce can be heartbreaking- the separation of a life together and the struggles of building an independent life can be almost overwhelmingly difficult. Divorce is also one of the factors in people’s financial disaster.

Divorce

Divorce can be particularly difficult for single income families, where one of the spouses gave up their career and income, and now find themselves struggling to get by, often with added financial obligations, such as the cost of raising children, maintaining a home, and sometimes alimony. How exactly can you pick yourself up and get back on your financial feet after a divorce?

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