When you meet with your divorce attorney in Broward, it will be explained to you that liabilities incurred during the marriage will most likely be equally divided amongst you and your spouse as part of the equitable distribution. You will be required to fill out a financial affidavit and exchange documentary evidence of your liabilities as of the date of filing and even two to three years before your divorce.
As a divorce attorney in Fort Lauderdale, it is important that a client provide a credit report. A credit report ensures that the party is aware of liabilities in their name. In some cases, a spouse may have incurred debt in the other spouse’s name without any prior knowledge or consent.
Maintaining good credit is an important aspect of everyone’s life. Even those of who are newly separated, or recently divorced credit is very important. There are important credit implications that those individuals going through a dissolution of marriage may not know about.