Debts from a Separation, Split from Partner or Divorce, Need Debt help?

“Women working full time are 29% more likely to get divorced than those that stay at home!”

Who is affected by divorce debt?

The financial implications of divorce and separation are perhaps the most serious aspect of divorce. Divorce debt not only affects standards of living but also has an emotional impact on both parties and their children.

What are the long term effects of divorce and divorce debt?

Often the party who is caring for the children will either not be working or will have to seriously consider their options if they are in work. This will directly impact on what their needs and long term goals are for the future and may result in divorce debt.

The party without the children is more often than not going to be liable for some form of maintenance for the children and perhaps for their spouse. This will again impact on their future, both financially and emotionally, in terms of new partners.

Is there any financial or Free debt help available for divorcees?

Lewis Alexander can help you with IVA advice, Free Debt help, Debt Collection information etc, 

Many couples will experience financial difficulties after separation especially where only one party, usually the man, works full time.

This means consideration is going to have to be given to obtaining work, Welfare, Benefits, and Financial Orders from the Court to secure income and in particular housing.

It is of course extremely difficult to generalise as each divorce or separation is different, as are each couples circumstances and finances.

Can divorce affect my credit rating short term or long term?
I think the divorce debt is starting to affect my dependants. What can I do?
Is there any way I can stop the divorce debt ending in bankruptcy?
Would consolidating my divorce debt be a positive thing to do?
I need help to sort out my bank accounts now I'm divorced. How do we share the divorce debt?

Call now for FREE advice regarding personal debt problems or for help regarding divorce debt.