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June 2015 Archives

Having a professional on one's side during divorce is important

When a couple divorces, each person wants to protect what is rightfully theirs. Unfortunately, many divorces end up bogged down in nasty battles over property division. When this happens, people look for legal counsel who will help protect their rights while staying committed to their case from start to finish.

What can I do after my MN divorce to maintain my credit?

Emotions run high during a divorce. Most Minnesota couples are focused on dividing assets and ironing out the details of child custody and alimony. However, during the midst of all of this, there is one thing that should not be neglected: one's credit score. Unfortunately, many people with once-perfect credit fail to monitor their credit card accounts - particularly, the joint ones. They are under the assumption that the other spouse will continue paying them. Nevertheless, even if the divorce decree orders one party to pay the cards, he or she could neglect to do so -- negatively affecting both parties' credit in the process. Fortunately, there are ways to prevent this from happening to you.

Financial mistakes to avoid after a divorce

When many Minnesota couples decide to end their marriage, the first thing on their minds may be to get it over with as quickly as possible. But in their haste, they may be missing out on a more secure financial future. It's not fair for one spouse to walk out with most or all of the money and assets, while the other ends up poor and struggling financially, especially if there are children involved. Therefore, it's important for both parties to be involved in household finances from the get-go and make sure each person gets what they deserve in a divorce.

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