Some Massachusetts estranged couples may find that after a divorce, their credit rating suffers. This is not because of the process itself but may happen as a result of joint accounts. In some cases, it could also be because it is not uncommon for people to struggle financially after their marriage ends.
Do courts divide student loan debt in divorce?
There are many assets to divide in a divorce. From child custody to alimony, most spouses know how to prepare accordingly. However, many couples overlook one important asset when heading into divorce: Debt.
Divorce practicalities after the decree is final
In many cases, finalizing a divorce in Massachusetts is just the first step to completing the property division process. While spouses and their attorneys may have negotiated long and hard to reach a settlement, the final divorce decree does not complete the task of actually dividing the marital assets. Instead, both spouses will need to take action.
Tips for parents who are no longer together
Parents who are going through the divorce process in Massachusetts may be worried about what their lives will look like after the separation. However, divorce can also have an impact on any children that a couple may have. Therefore, it's important that parents are able to work together to ensure that their kids are able to adjust to their new reality. One way to do that is to be consistent.
