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What happens to your credit when you get a divorce?

Friday, August 22, 2014
When spouses divorce, the court divides up responsibilities for shared debts in a divorce decree. For example, a divorce decree may stipulate that one spouse take over responsibility for paying an auto loan and the other spouse take over the responsibility for paying a mortgage. But a divorce decree doesn’t separate the actual financial accounts that you share with a former spouse. ..

 

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