How do we divided joint credit card debt?
Joint credit card debt should be divided according to the divorce decree. For instance, if the decree specifies that each party is responsible for half of the debt, you should transfer balances to individual credit cards or accounts to separate the obligations. Notifying creditors and updating account information helps protect your credit and ensures each party is accountable for their share of the debt.
Post Retirement
Learn the procedures and legal requirements to divide each type of retirement account to facilitate a smooth transition and compliance with the divorce decree.
Post-Divorce Intro
Learn about steps and tasks that need to be completed to implement the agreements outlined in the decree after the divorce is final.
Post Simple Divisions
Review considerations and tips for dividing assets and liabilities after divorce, like bank accounts, investment accounts and debts.
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