According to experts, a divorce can wreak havoc on your credit score. In this CNBC.com article, two experts outline the four steps they recommend to protect your credit before getting a divorce:
While discussing finances with your spouse is important in a relationship, it’s just as important if, down the road, you ever choose to legally part ways through divorce.
There are many decisions to be made when preparing for a divorce, but one of the first things you should prioritize is your credit.
According to a survey conducted by Debt.com, 38% of respondents reported that their credit score plummeted by more than 50 points after a divorce. Your credit matters even during a divorce because you’ll need a good score to secure new living arrangements and cover other expenditures… Learn the 4 Steps Experts Recommend Before Divorcing
Attorney O’Connor has extensive experience with divorce, divorce mediation, military divorce and collaborative divorce and is available to serve you in Tampa Bay, Brandon, Kissimmee, Lakeland, Plant City, Hillsborough County, Pinellas County, Polk County and Osceola County.