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How to Avoid Financial Pitfalls When Separating Shared Debts? | Los Angeles Divorce

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Manage episode 490872390 series 1001827
Content provided by divorce661 and Divorce Master Radio With Tim Blankenship. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by divorce661 and Divorce Master Radio With Tim Blankenship or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
🚫 How to Avoid Financial Pitfalls When Separating Shared Debts? | Los Angeles Divorce 💳 Dividing debt in a divorce isn’t as simple as assigning responsibility. If your name is still on shared accounts, creditors can still come after you—even if your divorce judgment says otherwise. In this video, we show you how to make a clean financial break. 📌 What You’ll Learn: ✔ How to identify all joint debts using a full credit report 🔍 ✔ The dangers of keeping your name on joint credit cards or loans 💣 ✔ Why refinancing or paying off debt is better than relying on a court order 🧾 ✔ Real client story: how an unpaid shared debt trashed her credit 💔 ✔ How Divorce661 drafts clear debt division agreements to protect your future ✅ 💡 Real Client Story: We worked with a client whose ex stopped paying on a shared credit card, even though the court ordered him to handle it. Her credit took a hit, and she ended up having to cover the balance just to protect her score. We helped her file a motion to recover the funds, but it would have been much smoother if the account had been closed or refinanced sooner. 💼 Why Work With Divorce661? ✔ Flat-Fee Divorce Services That Cover Debt Division 💼 ✔ Real-World Legal Language to Enforce Financial Terms 📝 ✔ 100% Remote Help Across California 🖥️ ✔ We Help You Break Free From Shared Financial Ties ✅ 📞 Worried about how shared debt could affect your future? Visit Divorce661.com for a FREE consultation. We’ll help you protect your credit and your peace of mind. 💬 What’s your biggest concern about dividing debt in divorce? Drop it in the comments! #Divorce661, #DividingDebt, #DivorceAndCredit, #CaliforniaDivorce, #DivorceHelp, #FlatFeeDivorce, #CreditAfterDivorce, #PostDivorcePlanning, #DebtProtection, #DivorceTips
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2183 episodes

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Manage episode 490872390 series 1001827
Content provided by divorce661 and Divorce Master Radio With Tim Blankenship. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by divorce661 and Divorce Master Radio With Tim Blankenship or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
🚫 How to Avoid Financial Pitfalls When Separating Shared Debts? | Los Angeles Divorce 💳 Dividing debt in a divorce isn’t as simple as assigning responsibility. If your name is still on shared accounts, creditors can still come after you—even if your divorce judgment says otherwise. In this video, we show you how to make a clean financial break. 📌 What You’ll Learn: ✔ How to identify all joint debts using a full credit report 🔍 ✔ The dangers of keeping your name on joint credit cards or loans 💣 ✔ Why refinancing or paying off debt is better than relying on a court order 🧾 ✔ Real client story: how an unpaid shared debt trashed her credit 💔 ✔ How Divorce661 drafts clear debt division agreements to protect your future ✅ 💡 Real Client Story: We worked with a client whose ex stopped paying on a shared credit card, even though the court ordered him to handle it. Her credit took a hit, and she ended up having to cover the balance just to protect her score. We helped her file a motion to recover the funds, but it would have been much smoother if the account had been closed or refinanced sooner. 💼 Why Work With Divorce661? ✔ Flat-Fee Divorce Services That Cover Debt Division 💼 ✔ Real-World Legal Language to Enforce Financial Terms 📝 ✔ 100% Remote Help Across California 🖥️ ✔ We Help You Break Free From Shared Financial Ties ✅ 📞 Worried about how shared debt could affect your future? Visit Divorce661.com for a FREE consultation. We’ll help you protect your credit and your peace of mind. 💬 What’s your biggest concern about dividing debt in divorce? Drop it in the comments! #Divorce661, #DividingDebt, #DivorceAndCredit, #CaliforniaDivorce, #DivorceHelp, #FlatFeeDivorce, #CreditAfterDivorce, #PostDivorcePlanning, #DebtProtection, #DivorceTips
  continue reading

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