Tag Archives: divorce

Should I File Bankruptcy After My Divorce? – Marie

I was married for 11 years. My credit was always in good standing and I paid my bills on time. My now ex-husband and I kept all of our banking and credit card accounts separate. Reason being is that his credit was really bad. Due to helping bail him out of financial disasters over the [...]

Went Through a Nasty Divorce and Need to Get My Finances in Order. – Cyndi

“Dear Steve, I went through a very nasty divorce in 2010 and I had to pay my ex $57,000 to keep the house (albeit that he didn’t pay for the house or anything remotely suggesting that he owned part of it – gotta love the community property clauses)…Anyway, as a result of the divorce, I [...]

Mobile Home Dilema After Divorce With Autistic Children. – Veronica

I am currently separated from the father of my children. We were married for 8 years and 11 months. We are getting a divorce; the situation has been prolonging due to the fact that we have two children who are Autistic. We currently have a town home, which was bought after getting married, and both [...]

Had a bad divorce. How do i pay off a student loan with no money? – Heather

I have been out of school for almost 3 years, I lost everything I had and I have been going through a bad divorce so I have no money coming in, I’m living off of my sons ssi so how do I pay off my student loan with no money or get help with it. [...]

Divorce Debts Not Paid

Q: If a spouse is granted by a divorce judge to receive so much a month for debts that were supposedly not theirs, and we don’t pay or are late on them, does the spouse that’s trying to collect fall under the Fair Debt Collections Act? – Mark A: Mark, Unfortunately, it probably doesn’t offer [...]

We Are Getting Divorced After 24 Years and We Have a Lot of Debt. – Sherri

“Dear Steve, My husband and i are divorcing. we have been married for 24 yrs. we pay all our bills on time. i did accidently pay a credit card late for 2 months in a row. i deducted it out of checkbook but didnt pay online. he is on disability and i am the main [...]

Is Bankruptcy After Divorce and Option? – Mandy

“Dear Steve, Lots and lots of credit card debt……..I have enrolled myself in a Debt Management Plan to help me eliminate most of my debt… $35,000 of credit card debt…… I have some cards that were rejected in the plan so I need to tackle them on my own. Some of my accounts are current; [...]

AES Consolidated Student Loans in Divorce – Lori

“Dear Steve, My ex-husband and I consolidated our students loans. My potion: $20,000, his portion, $40,000. We divorced. Our loan was with Educational Direct. Post-divorce, we refinanced(?) our loan and it now lies with American Education Solutions. In the divorce agreement, which we filed through We The People ourselves, we agreed to pay on the [...]

I’m Divorced and My Ex Never Paid His Part of the Debts. – Kelli

Kelli wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

When to Get a Divorce Followed by Bankruptcy? – Christy

“Dear Steve, My husband and I are currently going through divorce (not related to debt), and have approximately $58,000 in joint debt that we are dividing 50/50 (this does not include our individual vehicles). Once we are divorced he will assume responsiblilty to pay over $400 in child support and with that on top of [...]

I Went to Helicopter Flight School and Can’t Afford My Student Loans – Shane

“Dear Steve, I went to helicopter flight school and finished in 2007. I have not been able to find a job flying and struggling to pay my bills. My wife left me leaving me with the house and it is 50k underwater. I owe Sallie Mae about 125k in private loans. Is there anyway to [...]

My Husband Had a Stroke, is Spending Down Our Retirement and Moved Out. – Anne

“Dear Steve, Husband lost job in January, 2010. I had not worked in 12 years since having our oldest of 3 children. We’ve moved around a lot and were in current home only 2 1/2 years. Home is under water. July 2010, husband had a hemiplegic stroke. October 2010 I went back to work to [...]

My Husband Sexually Assaulted Our Daughter and I’m Locked in a Chapter 13 Bankruptcy With Him. – Patty

“Dear Lewis, Filed for joint chapter 13 bankruptcy Found out husband was sexually assaulting 10 year old daughter moved out sought divorice his attourney is convertiing him to a chpter 7 to much leagal mumbo jumbo going through my head I have a question for you- My husband an i filed for a joint chapter [...]

My Husband Had an Affair, Left My Daughter and Me and Filed for Bankruptcy. – Laura

“Dear Steve, My 22 year marriage to my husband ended in him having an affair. He left my daughter and I for this so called “younger” woman, married her 4 months after the divorce was final. He and she ran up an enormous amount of debt, and blamed our divorce and my award for his [...]

My Wife is Divorcing Me. – Mark

“Dear Steve, Wife of 25 years is divorcing me (We’ve been together since high school – the only love in my life). Home primary mortgage $225,930 Secondary $63,790 both with GMAC. Value of home est. is $190,000. Offerred to settle secondary for $12,500 and refi the primary at a lower interest rate (currently 5 3/8 [...]