protect and monitor credit after divorce
Simply Frogg Main Page Simply Frogg MySpace Codes Simply Frogg Jokes Page Simply Frogg Pictures Page
protect and monitor credit after divorce protect and monitor credit after divorce
protect and monitor credit after divorce

Blakk Frogg Suggests That You...
"Protect & Monitor Your Credit After A Divorce!"

Don't let your ex trash your credit
By Liz Pulliam Weston

One of the nastiest shocks faced by many divorced people is how quickly an ex-spouse can ruin their credit. Here's how to protect yourself and handle loans and shared assets.

When Joan divorced several years ago, her ex agreed to pay off the couple's $20,000 in credit-card debt. They made the agreement part of their official divorce decree.

That, Joan thought, was that. Except every couple of months since then, creditors have called her because her ex has missed a payment. Despite the divorce agreement, she's still on the hook, and all the late payments have trashed her credit.

"I just assumed my responsibility ended" once the divorce was final, said Joan, a Los Angeles homemaker who asked that her last name not be used. "But it turns out that's not true."

Many divorced people learn the hard way that creditors don't care how property and bills are divided in a divorce. If a debt was incurred in a joint account, both spouses are responsible for paying it back.

Don't expect a phone call

Your agreement with your creditors predates your split, explains divorce attorney and financial planner Amy Boohaker of Sarasota, Fla. You can't force a creditor to abide by an agreement you make later with your spouse.

And not every divorced person gets a phone call to notify them that their ex is in arrears. It was only after Atlanta resident Tony Martin pulled his credit report, for example, that he learned his ex-wife had failed to pay the mortgage on the family home she received in their property settlement. Since his name was still on the loan, the foreclosure will remain a major blot on both of their credit reports for seven years.

In an ideal world, divorce attorneys would alert the clients to these dangers and help them protect themselves. In reality, the discussion may never happen. A couple may not use an attorney, or the lawyer may not be fully aware of the credit problems an irresponsible or vengeful ex can cause.


next page


And Now For Something 'Funny'...

Looking for some Email Jokes to send your friends or perhaps you just need a good laugh for your own sanity? Check out the Simply Frogg Jokes Page today! Blakk Frogg updates it often so... Enjoy!

main  |   jokes  |   pictures  |   myspace  |   archives
water quality  |   finance  |   search  |   frogg wear  |   da' store

 

protect and monitor credit after divorce protect and monitor credit after divorce

Share

  frogg sections:
  • da' main page
  • da' archives
  • myspace pics
  • da' history
  • da' jokes page
  • da' pictures
  • da' frogg gear
  • search da' site

      frogg features:

  • finance by frogg
  • myspace codes
  • music links
  • water quality

      links you'll like:

  • air/water filters
  • americas best
  • americas best II
  • best comments
  • da' joke blog
  • girls 4 myspace
  • more bacon
  • more sarcasm
  • patriotic pics
  • pool test kits
  • pool water tests
  • sarcastic pics
  • test for...
  • testing meters
  • water test strips
  • water test meter
  • water testing
  • quick water test
  • your water test

      frogg fashion:

  • frogg digs deep
  • frogg shirts
  • frogg wear
  • sarcastic for life
  • protect and monitor credit after divorce

    flaunting your frogg:

    Da' Frogg Store: It gets no simpler than Frogg in this life. Stop and smell the roses, gaze into the setting sun and show the world you mean business.

    protect and monitor credit after divorce protect and monitor credit after divorce
    protect and monitor credit after divorce
    protect and monitor credit after divorce protect and monitor credit after divorce
    protect and monitor credit after divorce protect and monitor credit after divorce
    protect and monitor credit after divorce
    protect and monitor credit after divorce protect and monitor credit after divorce protect and monitor credit after divorce protect and monitor credit after divorce protect and monitor credit after divorce protect and monitor credit after divorce protect and monitor credit after divorce