Posts by Editor

How does a divorce impact your credit?

Mary and Bill recently divorced. Their divorce decree stated that Bill would pay the balances on their three joint credit card accounts. Months later, after Bill neglected to pay off these accounts, all three creditors contacted Mary for payment. She referred them to the divorce decree, insisting that she was not responsible for the accounts.…

Read More

Out of Work? How to Deal with Creditors

It’s become an all-too-familiar headline and lead story – job cuts, dot.com failures, corporate restructuring, and lay-offs. If you’ve recently lost your job, your first thoughts may be, “how will I make ends meet.”  Money matters are a source of stress and frustration for many people. The Federal Trade Commission (FTC) publishes free brochures spelling…

Read More