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What Happens to Shared Debts After Divorce? | Los Angeles Divorce

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Manage episode 481790090 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.
💼 What Happens to Shared Debts After Divorce? | Los Angeles Divorce 💳 Dividing your assets is just one part of divorce—what happens to your shared debts is just as important. In California, debts incurred during marriage are usually considered community property. That means both spouses are responsible, even if only one name is on the account. 📌 Here’s What You’ll Learn: ✔ Why your divorce agreement doesn’t remove your name from joint accounts ❗ ✔ What to do if your ex stops paying a shared loan or credit card 📉 ✔ Real story: how we helped a client fix credit damage caused by a joint car loan 🚗 ✔ Pro tips on refinancing, payoff clauses, and protecting your liability ✅ ✔ Why you should check your credit report before AND after your divorce 📋 💡 Real Client Story: One client assumed they were off the hook for a car loan after the divorce—until their ex defaulted and it trashed their credit. We helped clean it up and added stronger protections in their final agreement. 💼 Why Work With Divorce661? ✔ Flat-Fee Divorce Services – No Surprise Charges 💰 ✔ Enforceable Debt Division Plans That Actually Protect You 🔐 ✔ Credit-Safe Language Built Into Every Settlement Agreement 📝 ✔ 100% Remote Services Across California 🏠 📞 Want to avoid post-divorce debt headaches? Visit Divorce661.com for a FREE consultation and we’ll help you divide debts the right way. 💬 Ever been stuck with debt your ex was supposed to pay? Drop your story in the comments. #DivorceDebt, #DividingDebt, #Divorce661, #DivorceCalifornia, #DivorceHelp, #FlatFeeDivorce, #CreditProtection, #DebtAfterDivorce, #DivorceTips, #DivorceAndMoney
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1759 episodes

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Manage episode 481790090 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.
💼 What Happens to Shared Debts After Divorce? | Los Angeles Divorce 💳 Dividing your assets is just one part of divorce—what happens to your shared debts is just as important. In California, debts incurred during marriage are usually considered community property. That means both spouses are responsible, even if only one name is on the account. 📌 Here’s What You’ll Learn: ✔ Why your divorce agreement doesn’t remove your name from joint accounts ❗ ✔ What to do if your ex stops paying a shared loan or credit card 📉 ✔ Real story: how we helped a client fix credit damage caused by a joint car loan 🚗 ✔ Pro tips on refinancing, payoff clauses, and protecting your liability ✅ ✔ Why you should check your credit report before AND after your divorce 📋 💡 Real Client Story: One client assumed they were off the hook for a car loan after the divorce—until their ex defaulted and it trashed their credit. We helped clean it up and added stronger protections in their final agreement. 💼 Why Work With Divorce661? ✔ Flat-Fee Divorce Services – No Surprise Charges 💰 ✔ Enforceable Debt Division Plans That Actually Protect You 🔐 ✔ Credit-Safe Language Built Into Every Settlement Agreement 📝 ✔ 100% Remote Services Across California 🏠 📞 Want to avoid post-divorce debt headaches? Visit Divorce661.com for a FREE consultation and we’ll help you divide debts the right way. 💬 Ever been stuck with debt your ex was supposed to pay? Drop your story in the comments. #DivorceDebt, #DividingDebt, #Divorce661, #DivorceCalifornia, #DivorceHelp, #FlatFeeDivorce, #CreditProtection, #DebtAfterDivorce, #DivorceTips, #DivorceAndMoney
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