Tag: debts

Top Five Things to Do if You Are Separating

August 06, 2010 | Blog, Child Support, Divorce, Marital Property

Icon for author Brian Vertz Brian Vertz

[This is a re-post of a popular article that I wrote and published a year ago on this site.  ~BCV] It’s never easy to take the first step on any journey. When you are facing a marital separation, there are five things that you can do to protect yourself, financially and emotionally. 1.         Secure your property. Review your joint bank and credit card statements regularly to ensure that no unexpected […]

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Credit Cards and Divorce

June 26, 2010 | Blog, Divorce

Icon for author Brian Vertz Brian Vertz

Divorcing spouses often ask me about credit card debts and loans. While a divorce court may assign responsibility for paying credit card debts and loans that were incurred during the marriage, the court generally lacks jurisdiction over the creditors. In other words, the divorce court cannot force the credit card issuer to collect from one particular spouse if both spouses were cardholders. If both spouses’ names are on the credit […]

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