Wednesday, November 7, 2007

Divorce - Debt and credit issues

Thanks to Utah Divorce Lawyer & Attorney for the post "Information from the Federal Trade Commission":

"Information from the Federal Trade Commission The Federal Trade Commission has a publication that addresses the issues involving debt and credit that people may face as a result of a divorce. You can find that publication at the following address: http://www.ftc.gov/bcp/conline/pubs/credit/divorce.htm"

Although over a year old, the FTC document is still at this web page.

When I still maintained a bankruptcy practice, divorce was one of the biggest causes of bankruptcy. Going from two incomes to one income is a shock - regardless of how well we divide assets in the divorce case.

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