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3 steps you can take to protect your credit during divorce

Divorce not only takes a toll on your emotions but your finances, too. Those co-signed loans and shared accounts that were once a sign of your romance now cause you immense stress. While you will figure out certain financial problems in your divorce agreement, a lot of things can happen before then, particularly regarding your credit.

3 facts about credit card debt statute of limitations

Credit cards are one of the most common causes of debt accumulation in the U.S. Some people overspend while others lose their income, but no matter what events lead to your situation, confronting the problem is the first step to resolving it. Many people think that if debt goes into collections, it will be absolved after the statute of limitations passes.

Should you file for bankruptcy for credit card debt relief?

Filing for bankruptcy is a big financial decision that should be carefully considered. When you have a lot of credit card debt and are in financial turmoil, it can be difficult to sort through all your options and figure out what is best. Bankruptcy is one possible route you can take.

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