Who pays joint debt in a divorce?

If you and your spouse have made the choice to part ways, you know that at some point you must undertake the task of apportioning your shared belongings and assets to one or the other of you. In addition to splitting any assets you and your spouse share, you may also...

7 steps to prepare for your divorce

When people get married, they try to forget for a bit how common divorce is for couples in the United States. Yet while the divorce rate has dropped over the last several years, still in 2018, more than 780,000 married couples called it quits. Many divorcing couples...

Are you headed for divorce?

While there may be one clear reason, such as an affair, why a marriage ends, a lot of divorces occur because of the buildup of behavior or resentment over time. There are certain actions and situations that marriage therapists use to identify struggling relationships...

After divorce: Keeping the home or not

When people in North Carolina decide to divorce, it can be complex to negotiate the financial issues that arise with property division. For women in particular, divorce has been shown in a number of studies to have a wide-ranging impact on their financial future....

College debts could lead to divorce

As many North Carolina residents know, there are various reasons why people get divorced. Financial issues are commonly cited as causes behind separations. However, some may be surprised to learn that debt from college loans could significantly contribute to the end...

Women and finances in divorce

The cost of health insurance, a forced return to the workforce and the temporary nature of alimony may be among the financial surprises in store for some women who get a divorce in North Carolina. In a survey conducted by the online marketplace Worthy, 46 percent of...

Financial stress can lead to divorce

Financial concerns are often cited as the most common cause of divorce in North Carolina. Unfortunately, the separation itself can carry its own financial difficulties as well. There are a few common reasons for marital clashes over money. By working to resolve issues...