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Tag Archives: divorce

Is Divorce the Best Option for Older Americans?

Divorce

“Will you still need me? Will you still feed me? When I’m 64?” The Beatles first released these quaint, clarinet-fueled lyrics in 1967 when the loving answer to these questions was a resounding, “Yes!” Traditional marriage vows echo this sentiment in that they presuppose a relationship span that encompasses young and old age, wellness and serious illness, wealth and poverty. ... Read More »

    My Ex-Husband Stopped Paying the Student Loans and I Cosigned

    Divorce papers and cash with misc items

    “Dear Steve, I cosigned for a private student loan for my exhusband while we were married in 2007. There is a court order stating that he was required to refinance the loans in his name only which he never did, so I have proceeded to sue him and he is in contempt of court. He has recently filed for bankruptcy ... Read More »

      My Ex Was Supposed to Pay the Debt in the Divorce But They Are Coming After Me

      Divorce

      “Dear Steve, I was divorced in 2007. It was an amicable split and, as stipulated in the divorce decree, I took some of our combined debt and she took one of our debts in the form of a bank credit card. She remarried and together she and her new spouse decided not to pay on the debt that she assumed ... Read More »

        I Signed for My Ex-Husband’s Student Loans and They Want Me to Pay. – Maureen

        robbery

        “Dear Steve, My now ex husband went to college and accrued quite a bit of student debt. At this point, it is closing in on 130k. At some point, he consolidated the loans, and added me to the paperwork. I agreed, because he said that I had to. I did not know there were options. When we divorced, he agreed, ... Read More »

          I Have No Savings and Have to Juggle Payments Each Month. – Butch

          surprise

          “Dear Steve, I am 64 years old, a teacher. Every year, my salary has gone done (forced furlough days). Bad divorce-impulsively took a second mortgage on my townhome to pay child support and attorney fees (13.9%!). Currently in a DMP program for $22000 of credit card debt. Retire in 2 years-will get 50% of current salary and Social Security. First ... Read More »

            My High Income Ex-Husband Refuses to Pay What He Owes. – Jill

            Super Hero - Female

            “Dear Steve, My ex husband left my three children and me. Before he left he stockpiled marital assets offshore and borrowed off of our home until it was underwater. He claimed he no longer wanted to be a husband or father and signed custody over to me. Our children are 17, 15 and 13. He has not seen them in ... Read More »

              In Our Divorce My Ex-Husband Was to Pay Half of My Credit Card Bills But He’s Filing for Bankruptcy. – Becky

              qa7

              “Dear Steve, Credit cards that are in my name only. My ex husband was ordered to pay half of my credit card bills… they are all in my name only… he did not pay so I took him back to court and they held him contempt and ordered him to pay a certainty amount each month until they are paid. ... Read More »

                How Do I Get My Ex-Husband to Pay The Attorney Fees He Owes Me? – Michelle

                boxer

                “Dear Steve, I have been divorced for 2 years and my ex has decided to file a chapter 13 to avoid going to jail over 11k of back child support. He was also court ordered to pay back all attorney fees to me after the divorce and has failed to do so. Child support recovery has taken over the child ... Read More »

                  I’m Buried in Debt From Getting Divorced. – Brad

                  Divorce

                  “Dear Steve, Recently divorced; incurred 30k in debt through the break up with misc. items. Income 6500 month 4200 after tax 35000 in credit card debt My mortgage 1200 Old mortgage, which I do not pay and states in my divorce decree is 2100 but this is killing my credit. What is the best way to get out from under ... Read More »

                    My Credit Card Debt is Killing Me After My Divorce. – Clint

                    Lifestyle choices.

                    “Dear Steve, I have $50+/- credit card debt. Recently divorced. No other major debt.The financal stress contibuted to the divorce. I am living paycheck to paycheck. I would love to consolidate into one big loan and one monthly payment. I do not like the debt consolidation companies. Bankruptcy is a question as to whether it is the right thing to ... Read More »

                      My Ex-Husband Isn’t Paying the Mortgage Like He’s Supposed to. – Lisa

                      Divorce

                      “Dear Steve, I was married for 25 yrs to my ex spouse, and prior to our divorce the plan was to sell our home in California & move to Texas. In the meantime after purchasing a home in Texas, he decided to divorce me. I live in Texas and he remained in California living in our former home. Since that ... Read More »

                        My Ex-Husband Was an Ass and Left Me Loaded in Debt. – Rachel

                        Super Hero - Female

                        “Dear Steve, A couple of years ago my husband and I divorced. When we did so, I held most of the debt from our marriage in my name [he had terrible credit] however he was the one making a huge salary 90k+/year. Throughout our 10 year marriage I stayed home with our children [which I am extremely grateful for] while ... Read More »

                          I Got Divorced and the Bank Won’t Take My Ex-Wife Off the Credit Card. – Dawson

                          broken piggybank with dollar notes

                          “Dear Steve, I was divorce about a year ago. Division of Debt in divorce I got card with approximately 18k on it after having to put house taxes of over 6k due to circumstances. Since the divorce I added another 6k in to the card. I had come to conclusion to stop that about same time got notification from card ... Read More »

                            My Wife and I Divorced But We Both Got a 1099-C For an Old Debt. What Now? – Steven

                            IRS

                            “Dear Jim, Vehicle debt was in mine and my wife’s name. Divorced in 2009, vehicle repossessed in 2009. We both received a 1099-C for the full amount in 2013. We cannot file a joint 1099, as we are divorced. How is this handled? Do we both pay taxes on the full amount or should it be split? Would this be ... Read More »

                              My Ex-Husband Was Supposed to Pay Some Debts But They Are Coming After Me. – Kate

                              steamroller

                              “Dear Steve, I went through a divorce in which I cold not get my name off of the mortgage. My ex husband said he wanted to continue living in our house, so I moved out. Several years later, he let the house go ino foreclosure. I was so upset and disgusted over this that I stopped paying back other bills ... Read More »

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