Financial Divorce Tips For Women

An ideal divorce is one that is amicable and civilized. After all, it's the least the spouses can do in view of the marriage they once enjoyed. In real life, donate car most divorce cases tend to be vicious, not to mention incredibly expensive. A divorce can leave generic Prozac emotionally and financially drained. That's why you need to prepare for the worst case scenario.

If your divorce turns sour and bitter, you soon-to-be ex-husband will probably refuse to pay alimony and child support (if you have children) just to spite you even more.

Divorce court proceedings can go on for several months before they are concluded, and you can't be sure to have a favorable decision. To protect yourself, you must make sure you're liquid all the time.

It would be great if you withdrew half of the funds you have in your joint checking or savings accounts even before the divorce started. However, if you failed to do this, the next thing you have to do is to clear your credit and ask your creditors to dissolve joint credit accounts. They have to give you written information of the change. This is so you won't have to be responsible for your husband's failure to pay his debts.

Finally, you have to make sure to photocopy all important financial documents that could show your husband's ability to pay. Such documents include bank statements, deeds to assets like properties, stocks, and investments, pay stubs, and tax returns. Your concern is to protect yourself and your children financially.

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