How To Maintain a Good Credit Report During Divorce
Debt and Credit Issues Can Create Complicated And Stressful Times. How To Maintain A Good Credit Report During Divorce
Folks going through a divorce have many things on their mind. It can be a very emotional and stressful time! At some point you will inevitably need to start looking carefully at your debt and financial situation. When you are at that point, here are 5 basic tips:
Deal with Your Debt – Don’t Ignore it!
Request a Free Credit Report
The first step you should do is order a credit report from at least one of the three major credit reporting agencies (Equifax, Transunion and Experian). This will list debts attached to your name, both individually and jointly with your spouse.
There are 3 major credit reporting agencies Equifax, Experian and Transunion. You may want to order a report from one or all of them. You can also obtain one free credit report per year through annualcreditreport.com . Your divorce lawyer will want a copy anyway. Once you receive it, take time to thoroughly study it. Make sure it appears accurate. Look for errors such as credit lines
PUBLISHER’S NOTE:This blog is as meaningful today as it was when we originally posted it on October 14, 2017. October is Domestic Violence Awareness Month. We have listed links to resources and past blog articles to assist those in need during the 2020 Covid-19 pandemic. Let’s all do our part to help erase domestic violence everywhere in our world!
10 Tips to Have an Informed Conversation About Domestic Violence
October is domestic violence awareness month. Unfortunately, at one time or another we have all come across situations of domestic violence . As a divorce lawyer, I see examples of its tragic effects all the time. In Dayton we are very fortunate to have the Artemis House resource to assist victims of domestic violence!
In order to help spread ddomestic violence awareness about this terrible situation, I have posted below the “10 Tips to Have an Informed Conversation About Domestic Violence” published by the National Network to End Domestic Violence (NNEDV) https://nnedv.org/. Also, at the end of this article, I have share links to some of the prior articles we have published on this topic on the Ohio Family Law Blog in the past. Let’s all do our part to … Read More... “Blast From The Past: October is Domestic Violence Awareness Month – How Can You Help?”
Avoid “Getting The Shaft”, Talk To An Experienced Divorce Lawyer!
Like most veteran divorce lawyers, I have seen lots of situations where a party ignores a summons and complaint for divorce, to his/her peril. The excuses I frequently hear are:
I’m too busy;
We have only been married for just a short time;
My spouse will treat me fairly;
I don’t need to spend money for a lawyer
I am too depressed to deal with it, and if I ignore it, I can fight it later if necessary; or
My spouse will get everything anyway since I have been a lousy spouse.
Truthfully, all of these “excuses” are poor ones. Scheduling an appointment with an experienced divorce lawyer is not an expensive pro-active investment. Some lawyers even offer a free initial conference.
What will happen if you simply ignore the divorce filing?
The case will be set for a non-contested default hearing;
Your spouse (and his/her divorce lawyer) will submit a Final Decree of Divorce for the Court’s approval;
There will be little inquiry by the Judge if the facts are correct or the orders are fair or equitable;
Listening To Advice From Friends And Relatives Not Always Wise In Divorce. Choose The Right Divorce Lawyer For Your Case!
No one expected that they would later be involved in a divorce when they married. But unfortunately, not all marriages are “forever”. Clients facing a divorce generally want it to be fair, drama free, inexpensive and quick.
As a Dayton, Ohio, family law lawyer for 40 years, I have lots of experience helping people in all kinds of divorce situations from relatively simple cases to complex high conflict cases. Here are some tips based on the experience that I have gained.
What are the 3 Top Costly Mistakes to Avoid in a Divorce?
Choosing the right attorney
Ignoring the divorce complaint
Listening to advice from friends and relatives
Choosing the Right Attorney
Divorce law is an extremely complicated practice area. I can’t emphasize enough how important it is to find an experienced divorce lawyer that you have interviewed and to whom you can relate. Interview several. Take the time to get recommendations from family and friends who have gone through a divorce in your area. Read online reviews. Not all attorneys are the same. Avoid at all costs the “generalist” … Read More... “Three Costly Mistakes to Avoid in Your Divorce!”
How To Get The Best Outcome From Your Divorce Lawyer
So, you have selected your divorce lawyer. Here are some tips for how to deal with him/her to hopefully achieve the best outcome possible.
Be Candid and Honest – Don’t ever leave your divorce lawyer in the dark. Try to be completely open about all the relevant facts whether they are good or bad. Disclose all assets and debts. Don’t try to hide assets. Honestly complete the required Financial Disclosure Affidavit. [Here is a link to an article about the importance of properly completing your financial affidavit.] If in doubt about anything bring it up to your lawyer! Remember that all conversations with your lawyer are confidential.
Actively Participate with your Divorce Lawyer – Fully cooperate with your divorce attorney and the paralegal(s). Become part of your team. Help him/her by providing requested documents and information as timely as possible. Your fees will rise if the lawyer has to repeatedly remind you to provide information. Don’t wait to the last minute either. You want your lawyer to have plenty of time to review it all and discuss with you any questions. Remember that how you communicate with your lawyer