We all need financial stability to function in society, and divorce is a severe challenge to the financial lifestyle a couple may have been accustomed to during their marriage. Add in the fact that filing for and completing a divorce can be expensive with the professional fees and court costs involved and the idea of splitting up everything accumulated during a marriage becomes … [Read more...] about Financing a Divorce – A Good Idea?
Debt
Who is Liable for the Debt Accrued During My Marriage?
Oddly enough, the divorce process is going much smoother than you’d expected. You and your ex are communicating without any trouble, there are no hard feelings, and you’re getting closer to finalizing the paperwork. It’s smooth sailing from here on out! Or is it? Louisiana is one of only nine community property states in America. That means any debt you’ve accrued — from “I do” to the date … [Read more...] about Who is Liable for the Debt Accrued During My Marriage?
How Divorce Affects Your Student Loans
You promised to stay with your spouse through sickness, health, and student loan payments. But sometimes, it doesn’t work out that way. If you’re considering getting a divorce, remember that everything in the marriage must be split, whether it’s a debt or an asset. Student loan debt can be particularly tricky, so it’s important to know the facts in order to have a mutually … [Read more...] about How Divorce Affects Your Student Loans