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4 tips for budgeting after divorce

Divorce is probably affecting your finances significantly. Separating from your spouse means you get less monthly income and double the expenses. Going through a divorce requires you to re-evaluate your spending and stay on top of your financial situation.

Is bankruptcy right for your financial situation?

If you are at the end of your wits in Nashua with your credit card and medical debts, you may be contemplating bankruptcy. On the surface it appears to the answer to your financial problems. But you might find yourself procrastinating on filing because you are not entirely sure if it is the right solution. 

How should you communicate with your spouse during a divorce?

No divorce is exactly the same as another. Even if circumstances are similar, the details can make a world of difference. For instance, take a contested divorce in which one spouse used threatening language on the phone. Getting a restraining order might be more difficult because there is no record of the conversation. On the other hand, if the spouse had used text message, there would be a clear, written record of the language.

What are the most common reasons people file for bankruptcy?

If you are overwhelmed and drowning in debt you cannot pay, harassed by creditors and facing a life of financial prison, you may consider bankruptcy as a viable alternative. Americans do not end up in trouble financially simply from overspending alone. There are many reasons that an individual or family may deal with crippling debt. Bankruptcy offers a fresh start to a positive financial future and may work for you if you are dealing with any of these situations.

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