Although divorce is notorious for using up all your money, your financial problems can start long before then. In fact, they may be the reason for the divorce. What should you do when you face the end of your financial means and your marriage?
Divorce can be a result of many different problems. Finances, infidelity and communication problems are just a few of the most common. The last of these, communication, might be even more important after you separate, however. Though it may be a challenge, it is vital that you strive to maintain healthy communication habits throughout all of your interactions with your ex.
Bankruptcy is one of the most straightforward and effective ways to deal with debt and other financial burdens. For people who have been through a divorce and ordered to pay support to their ex, alimony payments can be a significant contributor to this. You might be wondering what exactly will happen to those monthly payments and your support agreement after you file for bankruptcy.
If you are like most Americans, social media use may now be an intrinsic part of your day-to-day life. You might check your newsfeeds before getting out of bed in the morning, use your profiles to stay in touch with family or otherwise rely on social media channels for your communications, but if you are also going through a divorce, it may prove wise to modify your habits.