Welcome to Divorce | The Final Divide
Divorce In Pa Article
This is a selection made from among articles on Divorce In Pa. For a permanent link to this article, or to bookmark it for future reading, click here.
Joint Bank Accounts and Divorce
from: John MussiHere are some useful tips on joint bank accounts and divorce. If you've recently been through a divorce - or are contemplating one - you may want to look closely at issues involving joint bank accounts.
Joint Bank Account: Your income, financial assets, and credit history - and your spouse's - are considerations for a joint account. No matter who handles the household bills, you and your spouse are responsible for seeing that debts are paid. A creditor who reports the credit history of a joint account to credit bureaus must report it in both names.
An application combining the financial resources of two people may present a stronger case to a creditor who is granting a loan or credit card. But because two people applied together for the credit, each is responsible for the debt.
This is true even if a divorce decree assigns separate debt obligations to each spouse. Former spouses who run up bills and don't pay them can hurt their ex-partner's credit histories on jointly-held accounts.
Divorce : If you're considering divorce or separation, pay special attention to the status of your joint bank accounts. If you maintain joint accounts during this time, it's important to make regular payments so your credit record won't suffer. As long as there's an outstanding balance on a joint account, you and your spouse are responsible for it.
If you divorce, you may want to close joint accounts or accounts in which your former spouse was an authorised user. You can also ask the creditor to convert these accounts to individual accounts.
The creditor can require you to reapply for credit on an individual basis and then, based on your new application, extend or deny you credit.
You may freely reprint this article provided the author's biography remains intact:
About the Author
John Mussi is the founder of Direct Online Loans who help UK homeowners find the best available loans via the www.directonlineloans.co.uk website.
Divorce In Pa Specific links
Blinkx Video Search
- World's largest video search engine. Over 26 million hours of video.
-- http://www.blinkx.com/
Ripe Tv!
- Hottest Video portal on the internet. Every Kind of Video - Supermodels, Martial arts, Cool shows, Pick Miss Ripe and More
-- http://www.ripetv.com/
Divorce In Pa News
Alaska trooper says drug arrest delayed until after presidential ... - Dallas Morning News
ANCHORAGE, Alaska – A drug investigator says authorities delayed the arrest of a woman tied to Gov. Sarah Palin's family until after the November election, in which Palin was the Republican vice presidential candidate, a newspaper reported. Sherry ...
Read more...Ofsted vow to blitz boring teaching - Guardian Unlimited
Schools face a crackdown on "boring" teaching following concerns that pupils are disruptive because they find lessons dull, it has been reported. Christine Gilbert, head of Ofsted, the schools watchdog, told The Guardian there was "strong" evidence ...
Read more...Guy Ritchie ‘spends a lonely New Year’ - Express India
Lenovo unveils 2-screen notebook Fog cripples Delhi, 20 flights delayed, 19 t... 'FBI hands over 26/11 attacks evidence to Pa... Chief Oz selector incurs media wrath for bea... Sensex closes over 300 points up US blocks UNSC attempt to seek ceasefire ...
Read more...Authorities identify flight instructor killed in small plane crash - Newark Star-Ledger
Federal officials continue to investigate the crash of a small private plane in a rural area in Hunterdon County that killed a flight instructor and seriously injured a Glen Gardner pilot who co-owned the plane. The single-engine aircraft went down ...
Read more...Alaska trooper says politics slowed drug arrest because of Palin ties - Grand Forks Herald
ANCHORAGE, Alaska — A drug investigator says authorities delayed the arrest of a woman tied to Gov. Sarah Palin’s family until after the November election, in which Palin was the Republican vice presidential candidate, a newspaper reported ...
Read more...