Law Offices of James V. Sansone
Schedule an initial consultation
Santa Rosa 707-623-1875
Ukiah 707-993-4068

Taking steps to protect one's credit score during divorce

There may be a multitude of individuals in California and across the nation who feel that maintaining a healthy credit score is an essential part of life. However, it may be difficult to know all the circumstances in which one's financial standing could be placed in jeopardy. For those who are facing a divorce, understanding how the process could affect their credit scores and the steps to take to protect their finances could prove imperative.

Upon entering a marriage, many couples may choose to open up joint banking and credit accounts. Since these accounts will have an impact on one's credit score, a person who is facing the end of a marriage may find it advisable to close the accounts as soon as possible. While this will not remove the accounts from one's credit report, it could help prevent any unexpected and potentially costly transactions from appearing out of nowhere.

Another concern that may be advisable to address pertains to any existing marital debt. Even if a person agrees to responsibility for certain debts during divorce proceedings, creditors may still pursue payment from the other party should accounts fall past due, regardless of what is stated in the divorce decree. Keeping track of debts and ensuring payments are being made could prove vital to protecting one's credit against potentially disastrous consequences.

Going through the process of divorce can be stressful and intimidating enough on its own. Those who wish to keep their financial futures in tact could choose to speak with an attorney early on for guidance in addressing all the necessary aspects of divorce. An attorney can help a client in California better understand what to expect from the process and assist in forming a strategy to pursue the most favorable outcome possible concerning his or her future.

No Comments

Leave a comment
Comment Information

Reviews For Our Office
in Ukiah, CA

powered by BirdEye

Reviews For Our Office
in Santa Rosa, CA

powered by BirdEye
Email Us For A Response

Request A Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Locations

Santa Rosa Office
1260 N. Dutton Avenue, Suite 239
Santa Rosa, CA 95401

Toll Free: 800-836-1298
Phone: 707-623-1875
Santa Rosa Law Office Map

Ukiah Office
215 W. Standley St.
Suite 10
Ukiah, CA 95482

Toll Free: 800-836-1298
Map & Directions