How Divorce Affects Credit

Divorce is hard emotionally, legally, and financially. Sometimes, people don’t think about what joint accounts can do to harm their credit reports until they finally get around to looking at their credit scores. Don’t let mixed assets affect your credit report after you file for divorce. Here are some ways to prepare for separating your credit and steps to regain your financial independence.

Remember that divorce is only acknowledged by the court. A divorce will not automatically separate you and your spouse financially. All jointly held financial accounts and debts will have to be reconciled jointly or transferred from one party to the other.

Separating Credit

1. Contact any lenders about outstanding debt. A collections agency may try to contact you long after outstanding debt has been removed from your credit score. If you have any debt leftover from your marriage, find a way to pay it down, or have

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Can You Amend Spousal Support When There Is a Change in Income After Divorce Is Final

When two spouses decide to end their marriage, they need to reach a Marital Settlement Agreement (MSA) which spells out how they will divide their community assets and debts and if one spouse will receive support, and how child custody, visitation and support will be assigned if there are children involved. Spousal Support, also known as alimony, is a type of financial aid paid by one spouse to the other once the marriage has ended. It can be ordered for the spouse who has been earning less during the marriage. Laws about alimony vary from state to state, but in California, alimony is almost always awarded for long-term marriages. In a “Short-Term Marriage (One of less than ten years in length) support can last up to half of the marriage duration, so if the marriage lasted 10 years, the spouse receiving the support will usually see that support end after … Read the rest

Major Attributes of Dexterous Legal Services by Family Divorce Lawyers

Separation in relationships is always painful and is attached with several unwanted circumstances. No wonder, if the matter is related with dissolution of marriage or divorce under the court of law, importance of appropriate and authentic approach becomes evidential. This in a way signifies the magnitude of employing strategic and legalised ideas of professional experts. With such sorts of assistance, acquiring the best possible outcome can also be made possible.

It is believed that the causes and effect of divorce lies within, still, after detailed research and extensive analysis here are some of the popular genres:

  • At-fault divorce
  • No-fault divorce
  • Uncontested divorce
  • Mediated divorce
  • Collaborative divorce, etc.

Added with so many forms and patterns it becomes clear that, these lawful divorce issues are not only complex, but are also diversified. Hence, the idea of not consulting family divorce lawyers and hoping to meet with supportive results by oneself may lead … Read the rest

How to Find a Right Divorce Attorney Easily

A divorce attorney is a family law attorney. That means they practice representing cases that concern families, and personal relationships that pertain to families. When a relationship that you are involved in dissolves you need a family law attorney to make sure that the decisions you make regarding the division of property and assets is in your best interest.

Finding a divorce attorney to represent you in the dissolution of a marriage is not as easy as picking up a phone book and calling the first lawyer that you find listed there. To find a qualified lawyer you are going to have to do a little research, and a little interviewing.

Steps to follow while hunting a lawyer to handle your divorce

1. Write down all of the pertinent information the lawyer will need to know about you, your spouse, and your impending divorce. Be sure to include a list … Read the rest

What Is Identity Theft and How to Tell If You’re a Victim?

What is Identity Theft?

With all the data breaches in the news, there’s a lot of concern about identity theft and frankly a lot of confusion. So let’s first start by defining what “identity theft” really means. California law defines ID theft as the “unauthorized use of another person’s personal identifying information to obtain credit, goods, services, money, or property.” Cal. Civ. Code § 1798.92(b). OK, but enough with the lawyer stuff what does that really mean?

Basically, if you use another person’s name or identity to get something in return (typically money) that’s ID theft! Many people think that they have to have their whole life taken over to order to qualify as victim of identity theft. That’s not true. Even something as simple as an unauthorized credit or debt card purchase can qualify as identity theft. After all whose name is on the card they’re using to make … Read the rest

What Are the Fire Safety Requirements for Landlords

images (41)If you are a landlord you will have legal obligations and duties with regard to fire safety and the protection of your properties and the people who live in them. It is important that you apprise yourself of these duties and obligations and ensure complete compliance with the legislation and regulations as ignorance of the law is not a defence.

The three main pieces of legislation which cover this area of law are:

• The Housing Act 2004
• The Smoke and Carbon Monoxide Alarm (England) Regulations 2015
• The Regulatory Reform (Fire Safety) Order (2005) (The Order)

The Regulatory Reform (Fire Safety) Order (2005) (The Order) stipulates that owners, managers, agents are likely to be deemed to be the ‘Responsible Persons’ for the purposes of The Order. What it means is that any person who has some level of control over your property must take reasonable steps to reduce … Read the rest