Filing a divorce claim does not impact your credit score automatically; however, the transition from sharing joint responsibilities with a spouse to determining who is responsible for those debts can impact your rating. How you will manage your debt burdens and finances going forward can create problems that may have a negative impact as well....
Your Credit & Finances
When you’re getting divorced in Virginia, your financial affairs will need to be sorted out. Your Hampton divorce lawyer will counsel you about your specific case, but there are some tips to remember when considering money matters during and after your divorce. Have good legal and financial help on your side. Finances can be complicated...
If you’re considering a Virginia divorce, be aware that both you and your spouse are responsible for any mutual financial accounts and debts. No matter what your specific situation, you’ll want to assess your financial situation and contact a Chesapeake divorce lawyer to protect your finances and your credit score. A Virginia divorce can leave...
RESIDENCY AND DOMICILE It's important to be aware of the residency and domicile requirements of initiating a divorce action in Virginia. At the time the divorce suit is filed, either you or your husband must be and must have been an actual bona fide resident and domiciliary of Virginia for at least the preceding six...
If you're still a beneficiary under your former husband's Survivor Benefit Plan (SBP), you'll need to understand how your benefits may change in the event that you remarry. Some of the legalities involving a military divorce can be quite confusing, so it's best to ask an experienced Virginia divorce attorney to explain anything that is...
The Survivor Benefit Plan (SBP), a form of insurance for retired military members’ designated beneficiaries, can be a part of your settlement during your military divorce in Virginia. Although divorce usually ends your SBP eligibility, you can still maintain SBP coverage if the courts award you that privilege during the division of military retirement benefits.If...