Archive for the ‘Dealing with debt before Divorce or separation’ Category

Debt Often Ruins Marriages

It’s no secret that many Marriages end because of financial conflict.  If your Marriage is troubled, you can bet that your finances may need some help in critical areas as well.  If your love life  isn’t beaming with adoration for your Partner, it may be because of their Debt or the other way around.

There are some real-world ways to speak to the one you love about finances.  Today we’ll share some pretty practical tips to care for your Credit before during and after your Divorce or Break-up.  If you find these three tips simple enough, that’s because they are simple.

Three Step’s To Care For Your Credit Before, During  Or After a Divorce

1. Be Honest.

Please be honest with your spouse about your debt and theirs?  Honesty will save you a lot of financial headaches and embarrassment in the long run.

2. Be Urgent.

Sometimes there is no bigger mistake than believing that your Spouse or Partner will change their spending or credit habits, without you urging them to do so.  Don’t allow yourself to float around a whirlwind of debt pretending like everything is OK financially – when it’s not.

You don’t always have to bring the drama.  But please don’t be subtle about your credit and or debt issues in your relationship?  Tell your partner or spouse directly what your financial concerns are.  Don’t hide Debt Collection Notices from your spouse or partner, they can help you keep them at bay.   Be clear, but not hostile, when you find yourself unsettled or upset your Credit and or Debt Issues.

3. Be Resolved.

Especially when the Sea of  Love gets extra rocky and you start to worry about finances, credit and debt.  Let your spouse (or Partner) know what you intend to do about your credit and debt issues.  Make sure you’re on the same financial survival plan.  Try to come to a written resolve together.

Don't Let Debt Defeat You! Become A Debt Warriors Memeber™ Call (toll-free): 866-576-4996

Don't Let Debt Defeat You! Become A Debt Warriors Memeber™ Call (toll-free): 866-576-4996

If your spouse or partner won’t do anything about their fair share of  debt – then you may have to act on your own. I’ve seen many Love Boats sink slowly into a  Sea of debt.  One Partner usually pulls the other down, where they both end up drowning in debt.

To help you keep your head above water,  Debt Warriors have produced the Ultimate Debt Settlement Video Courses .

Our Credit and Debt Management Video Courses help you prevent credit and debt drama from ruining your marriage.  They also effectively teach you how to reconcile the drama on your Credit Report’s once you’re ready to move on with your life, after a divorce or breakup.

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Don’t Let Debt Defeat you!

Log onto www.DEBTWARRIORS.com

She Wanted Off!

When any Love Boat goes out into the Sea of Love, it faces the threat of an eventual leak. to keep with the metaphor, consider debt was as water leaking into your Love Boat. If you don’t plug the leak, you won’t stop the debt from sinking your boat.

Debt occurs early in relationships. For example why is it an emotional prerequisite for many women, that their man spend at least a months salary on her Engagement Ring? A smarter choice is for the future Bride and Groom to set a budget and try not to exceed it. Next save for the wedding ring and purchase it for cash.

Most men and women finance their wedding rings.

I financed my ex-wife’s engagement ring. I paid 23% interest for it as well. My credit was excellent so I was robbed on the loan. I was a much younger man who knew nothing about Compound Interest.

I know many women who buy or finance their own engagement ring. This is not a smart thing to do. If the man loves you he will buy the ring – not finance it, nor allow you too. If he truly loves you, he probably hopes to die before you. If his hope comes true, he wouldn’t want to leave you with any debt. If he does not really love you, or he falls out of love with (or you with him) you could be paying the debt for a financing a failed relationship.

As you can see debt may rock your Love Boat (and your world) early on. My ex-wife and I had a 20 year run on the Sea of love. In the end debt sank our marriage.


How To Deal With Debt Before A Divorce

1. Be honest. My ex-wife is a well spoken woman. She’s also very prideful. She’s friendly but ultimately a private person. She loved to rob Peter to Pay Paul. We had enough money if we lived below our means.

I was honest and told my ex-wife that I was concerned about how much debt she had. I was also very candid about her lack of care and concern for her finances. She was not pleased. But I had to tell her my concerns. I’m not promising that if you’re honest with your spouse or partner they will thank you later. They may be prideful and hate feeling criticized. Tough. Please be honest with your spouse about your debt and theirs? This will save you a lot of financial headaches in the long run.

2. Be Urgent. There is no bigger mistake in believing that you spouse or partner will change their spending habits, without you urging them to. Don’t float around a whirlwind of debt pretending like everything is OK. Don’t be subtle about your debt issues in your marriage. Tell your partner or spouse directly. Be clear about your concerns.

3. Be Resolved. (especially when the Sea of Love gets rocky). Let your spouse or partner know what you intend to do about your debt issues. Try to come to a written resolve together. Form a Battle-Plan and budget your way out of debt. If your spouse or partner won’t do anything about their debt – then you must.

I’ve seen man Love Boats sink slowly into the sea of debt. That’s why we’ve produced Debt Settlement Video Courses . Our courses help you prevent debt from ruining your marriage.

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Don’t Let Debt Defeat you!

Log onto www.DEBTWARRIORS.com