How Mediation Can Help You Avoid 7 Big Financial Divorce Mistakes

Eric Sandberg wrote, “Seven Big Post-Divorce Money Mistakes” for Fox Business.  The following are the ways mediation can help you avoid those mistakes. 1.  If your mortgage or credit card is in both parties’ names, then your lender will sue both of you if it’s not paid.  Your Agreement should address which of you will…

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New Credit Rules – Household Income No Longer Counts

This week I learned about a recent change in the law that will affect divorcing couples’ credit and their ability to move forward financially.  In a nutshell, as of October 1, 2011, instead of household income, only individual income will be considered for establishing credit.  This means that a stay at home mom is going…

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