Your Guide to Debt and BankruptcyYour Guide to Debt and Bankruptcy


About Me

Your Guide to Debt and Bankruptcy

About 10 years ago, I secured my dream job with one of the largest corporations in the country. The job came with a substantial increase in pay and I soon looked for a large house for my family. After living the life I dreamed of, I was let go from my current position. I had a large amount of savings, but the economy took a turn for the worse and savings were quickly drained. I soon became stressed about finances. I could not pay the mortgage and bill collectors started to call my house. I refused to be defeated though, so I met with a bankruptcy attorney instead. I live a much simpler life now with my family, and I want you to know that financial stress does not have to affect you for years. Read my blog to learn about bankruptcy, debt laws, and how to hire an attorney.

Things To Avoid During Your Divorce

Going through a divorce might be something you never expected to do, yet it is something that happens to approximately 50% of all married couples. If you are hoping to get through this divorce without too many problems or too much stress, here are several things you should avoid doing during the divorce.

Racking Up New Debt

A divorce can often be financially devastating for one or both spouses, and it can be tempting to use credit during your divorce to get by. The problem with this is that you will eventually have to pay this off, and this could put you in an even worse financial situation. To avoid this, if at all possible, do not rack up any new debt. Try to live within your means and use your money wisely. You will be thankful you do this when your divorce is through and you are living on your own trying to support yourself.

Dating

Divorces can be sticky and complicated, and there are things that could make your divorce even more complicated, and dating is one of these things. While you might feel like you are ready to date or you might have the desire to be with someone new, you really should wait until your divorce is through to start this process. Dating during a divorce is not illegal, but it can cause other types of problems. For you, it can prevent you from working through your feelings about the divorce by simply covering them up for a while. The problem with this is that the feelings will eventually resurface. The problem dating may have on your spouse is that it could trigger feelings of jealousy and anger.

Trying to Do It Alone

The other thing you should avoid during your divorce is isolation. If you think you can go through your divorce alone, you should talk to a therapist or good friend about this. Going through a divorce is never an easy task, but it can be even more difficult if you do not have good friends to talk to. Having a support system around you can strengthen you and encourage you during this time, and you should make sure you rely on the people you trust to help you get through this difficult event.

If you have questions about a divorce or would like to initiate the process, you will need to schedule a visit with a divorce attorney in your city.