Divorce Advice For Men 3 Tips to Help Save Your Money During a Divorce
Categories: advice on relationships
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For anyone involved in divorce proceedings this is going to be a very traumatic time in their lives. One thing that any man must do during this time is to ensure that he takes good care of his finances. If he doesn’t this can lead to him having adverse credit rating which could lead to problems of obtaining finance in the future. Below we offer some divorce tips for him that could help to protect their finances during this time.
Tip 1 – If you have any joint debts and can afford to have them paid and cleared off straightaway. However, if this is going to prove somewhat of a problem then speak with the lender immediately to ask for the account to be frozen until the divorce proceedings have been finalized. This will then help to prevent either of you building up any further debt and which you may then be responsible for paying back.
Tip 2 – Should you have taken out any credit cards jointly with your partner during your marriage arrange with the company who provided them to have them cancelled. At the same time make sure that you arrange with them to have cards reissued in your name only. Unfortunately not all marriages end on a good note and the chances of your spouse taking revenge and running up massive debts on these cards which you will then be liable for is a possibility.
Tip 3 – If there are any vehicles then the ones which each of you use should be registered in that person’s name. Plus if there are any payments that need to be made on these vehicles then the agreement should be changed to denote that the person who the vehicle is registered to is now liable for them. At the same time of re-registering the vehicles don’t forget to get the insurance cover changed.
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My friend is a marine and needs some advice on the divorce process?
My friends ex- wife filed for divorce and he’s worried that he will live in the barracks. They have 2 kids together and he’s currently paying child support. I would appreciate it if I can get some facts down so I can tell my friend. Thank you!
Answer
I am a military spouse, and he wont have to live in the barracks if he is e4 and up because he can get this stuff called BAH (basic allowance for housing) and live off base, if he contests the divorce (which i advise he does) then she will be waiting on funds and support until they settle and she will have to find her own place, which means he will most likely get custody since hes the one with the stable income and stable job. it depends on if she works and if she can get a hold of his command officer to drag his name thourhgh the mud.
he needs to talk to legal
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