Vision Credit Education, Inc.

Credit card debt can be one of the most difficult and cumbersome challenges when splitting assets and liabilities as a part of a divorce settlement. Many households have joint accounts, which can amplify the problem. If the divorce is not amicable, then longlasting credit damage is likely to occur to one or both parties! Read the rest of this entry »

Divorce is painful enough. The emotional drain on spouses and children can impact their work and even their sleep. Financial turmoil can often result with changes in income, expenses and with trying to pay off legal bills. This may be just the tip of the iceberg. Read the rest of this entry »

Too often, judges split assets and marital debt without any consideration to the power one spouse has over another. This goes beyond the payment of alimony or child support.

Most divorce court judges ignore who is legally responsible for paying a debt. The results can be disastrous to both parties. Read the rest of this entry »

When a marriage ends in divorce, many things can go wrong. Some divorces are amicable where everyone remains friends. Most include substantial tension that can cause collateral damage in the forms of financial stress and credit problems.

Credit and financial problems do not end with the divorce decree. For many people, this is just the beginning. Read the rest of this entry »