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chicago separation finances - Chicago Illinois Family Law Blog

Protecting Your Credit during a Divorce

By Leslie Fineberg on April 15, 2013

Illinois Divorce Credit RatingIf divorce is in your future, you are probably facing an emotional, trying time in your life.  The last thing on your mind may be your credit rating, but consideration of financial matters is never more important than prior to and during a divorce.

Courtesy of divorce360.com, there are steps you can take during a divorce that can help you with your finances.  You need to first determine and protect your credit rating.  Make sure your spouse has not concealed debts or assets.  He or she could have run up a debt by obtaining a loan or a credit card under both names without your knowledge, which may negatively affect your credit rating.  Find out what your rating would be as a single.

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