August 20, 2012

August 20, 2012

How not to bring debt into a second marriage - Here’s the scoop. Any debts that were incurred before the marriage remain the sole responsibility of the owner of the debt after the marriage. So, if you marry, your fiancee’s creditors may not attempt to collect from you any of her debt that was incurred before the marriage. They cannot report any of her debt on your credit report.

How Divorce Can Take a Toll on One’s Credit - RoadFish.com men’s lifestyle and finance magazine today released their observations and experience with the different ways divorce can have a negative impact on credit. Their contribution may help recent divorcees due to the current high divorce rate in the United States and the harmful affect that the ramifications of divorce can have on both parties’ credit scores.

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MEDIATOR OF THE MONTH: Jeffrey Grayson
August 20, 2012