10 Tips for Repairing and Increasing Your Credit Score After Divorce

10 Tips for Repairing and Increasing Your Credit Score After Divorce

Filed in: Money and financial tips for divorced people By: Phoebe Montague Title: How to Improve Your Credit Score and Repair Your Bad Credit After Divorce I am probably the last person who should be dispensing financial advice for people in a divorce situation. But I do know the mess you can find yourself in […]

Money: Why Do People Fight Over MONEY When They Divorce?

Money: Why Do People Fight Over MONEY When They Divorce?

Divorcing People Tend to Fight over money. Why do they do that? Why do divorcing couples love to fight over money so much? They say money talks. I say, money never talks as loudly as when two people decide to end their marriage. Boy. Talk about a guerre mondiale! I was just reading Lady Chatterley’s […]

Divorce & Student Loans: What You Need to Know

Divorce & Student Loans: What You Need to Know

Let’s say there is a law or medical degree that comes from it and you are benefiting from that degree during the marriage, then arguably you should help pay for the debt – especially if when you divorce you expect spousal support that comes from that degree (and debt!)

50 Assets to Include on your Asset List (When You Are Divorcing)

There are so many things of value in our lives often times we don’t even realize it – until its time to  divorce and split assets. If you are in that situation, Divorce Saloon has compiled a table below of 50 assets you should include in your asset list for your attorney. You need these to figure […]

Complex, High Asset Divorce Cases and the Challenge of Valuation

With the increase in the number of millionaires in the country, it is no wonder that there is a corresponding increase in high asset divorces – both in the US and abroad. The problem challenge of how to accurately value complex assets such as businesses, real estate and retirement accounts cannot be understated. The cliché […]

Getting Divorced During Tax Season? Do You Know about 26 U.S. Code § 1041 – Transfers of property between spouses incident to divorce?

26 U.S. Code § 1041 – Transfers of property between spouses or incident to divorce. So, in this post I discussed property division and specifically the criteria judges used to determine what divorcing parties would get in their property settlement. I briefly touched on the issue of alimony vs property settlement and the taxable consequences. […]

What is a Divorce Mortgage?

There is a new mortgage product that is expected to be unveiled by certain European banks in a few months. It is called the Divorce Mortgage. The idea seems to be that banks will lend money to one of the parties in a divorce to buy out their spouse. This way the party gets to […]

Your Assets & Your Divorce: What you should know (guest article)

Divorce and Assets…50/50 is Often Anything But. As the song goes “Breaking up is hard to do”.  This can be especially true when accumulated assets are involved.  Unfortunately, most enduring a divorce are typically immersed in a sea of emotions, prompting them to rely on legal counsel to advocate on their behalf in this area. […]

Your Divorce Financial Checklist: What Should Be on it?

So, according the Lloyd’s Bank, when it comes to your finances and divorce you would be wise to take these steps the moment you realize (and sometimes even before) that a divorce is on the horizon:   Plan for your children’s post divorce life. What will their needs be? Which of you is better able […]