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Debt and Divorce (Checklist) Information Provided by: Divorce Source, Inc. High living and the ensuing debt wreck marriages. When a couple lives beyond its means, sooner or later, money worries and finance woes assault a marriage. This simple test comes from Consumer Credit Counseling. If you answer yes to any of the following questions, you should take a closer look at your finances. If you answer yes to four or more, you are probably in financial trouble. This is a good test for people to take before they marry and for them to take together from time to time after they marry. The Checklist Are you borrowing money on your credit cards to pay regular expenses such as food and utilities? Are you using one form of credit, such as a line of credit or debt-consolidation loans, to make payment on other debts? Are arguments about spending and money increasing in your family? Are you paying more than 20 percent of your take home pay for installment purchases and credit cards charged to the limit? Are your revolving credit cards charged to the limit? Are this month’s bills pouring in before you’ve paid last month’s? Are you unable to save money for anticipated annual and occasional expenses? Are you borrowing more money before the old loan is paid off? When you receive your monthly charge account bills, can you pay only the minimum monthly payment? Do your charge account balances increase each month? Information Provided by: Divorce Source, Inc. Navigate:   Home Divorce Checklists and Worksheets Debt and Divorce (Checklist) Useful Online Tools DivorceDeskTM - Build and manage vital divorce documents and letters online for free! Notice of Lease Termination - Apartment Notice of Lease Termination - Home Notice of Severance of Joint Tenancy Quit Claim Deed Suggested Reading The Property Division Handbook This book will explain in detail the property distribution aspect of divorce and separation. It will focus on the rights each spouse has under certain laws, situations, and circumstances, and how the division of the property will be decided by the court or through negotiation. Recent Related Blog Posts     All Property & Debt Blog Posts Related Article Archives Cost of Divorce Financial Planning & Divorce Property & Debt Division Property Valuations Premarital Agreements     All Article Archives Related Categories Alimony & Spousal Support Divorce Financial Planning Divorce Laws Estate Planning & Divorce Pensions & Divorce     All Categories Related Forums Bankruptcy Financial Aspects Pensions Property & Debt     All Forums Resources & Tools Start Your Divorce Several Options to Get Started Today. Online Divorce Tools Keeping it Simple to Get the Job Done. Download Center Instantly Download Books, Guides & Forms. Discount Books Over 100 of the Best Divorce & Custody Books. Negotiate Online Settle your Divorce and Save. Custody Scheduling Make Sure You Document Everything. SPOUSES CAN DO IT -- The easiest and least expensive way for a couple to divide and distribute the marital estate is for the spouses to do it themselves. Courts approve any settlement that is fair and reasonable. When courts divide property, normally the judge grants each spouse a percentage of the total value.

Easily Connect With a Lawyer or Mediator Have Divorce Professionals from Your Area Contact You! Enter Your Zip Code:   Featured Book Divorce & Money: How to Make the Best Financial Decisions Order Now   Related Checklists Financial Records Debt and Divorce Before You Settle View All Checklists   Terms to Learn All-Property States Community Property Dissipation Equitable Division Lump-Sum Settlement Marital Agreement Property Agreement Separate Property Settlement Agreement Structured Settlement Browse Encyclopedia Over 1000 terms A-Z   Featured Download What Happens to the Marital Home Upon Divorce Download Now

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