Wednesday, October 2, 2019

How to handle your finance after divorce Essay --

How to handle your finance after divorce Divorce is a complex and heartbreaking episode in anyone's lives. You would not want to add in to your burden with monetary issues.This turn out to be a greater disaster if you were always being dependent on your partner or have money crunch. You can no longer afford to rely on anyone else other than yourself. So, gear up and get your act straight. We know it is difficult and at the same time important to start handling financial responsibility. Here are a few steps to help you to take the first step. Who owns the home In case the home is owned by your ex-spouse sole name, then you might want to consider registering for a share using a 'matrimonial home rights notice' or a 'restriction' notice. Both of these notices will help you in guaranteeing that your ex-partner won't try to sell, transfer or mortgage the property without your knowledge or agreement. Clear your mortgage concerns Explain your stand clearly, talk to the lender and discuss how you plan to manage the mortgage repayments. This also applies in case you are staying in...

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