Credit and Divorce

With the current global economic conditions, many couples are having a difficult time dealting with their debt. During a divorce, debt is one of the things that need to be carefully considered, discussed and resolved. In the US the real estate market has made it even more difficult for either party to keep the marital home or even to decide what to do with it because, frequently, more is owed on the home than what it is worth.

Here is an excellent article from The Rye & Battle Observer, in the United Kigdom addressing the issue of credit and divorce, and discussing some possible solutions. The topic is relevant to Us couples facing divorce and credit problems.