If one person is taking sole responsibility for the joint mortgage or any other joint debt as part of the overall agreement of the divorcing couple, it is important for the alternate spouse to have access to the account and ongoing statements during the period of joint ownership. It is important to understand the risk of allowing your name to remain on a joint debt that the alternate spouse is in control of paying in a timely manner. Make sure that you are aware of the specific terms of your agreement and have access to the account so that you can trust and verify. Make sure you are clear regarding the terms you are agreeing to pertaining to individual responsibility for any joint debt.
“What a divorce can do to your credit,” is a great article to read to help you gain a better understanding of how divorce can affect your credit score.