Many people think that after getting a divorce, their financial ties to their former significant other are now over. Unfortunately, that's not the case. Credit bureaus frequently are not up-to-date in regards to your marital status. Just because a judge has signed the divorce decree, doesn't mean all your problems are behind you.
More and more people are discovering that their former spouses either opened unknown joint credit during the marriage or shortly thereafter. To avoid this problem, the minute you think there's a problem with your marriage, consider placing a 90-day fraud alert on your credit. Obtaining your credit report from each of the big 3 credit bureaus early in the separation is also a good idea. This lets you know what is out there that you may not have been aware of.
Annualcreditreport.com is the best site to get your report from the big 3. After reviewing this report, if you discover any credit that you do not recall incurring, take the time to contest the entry. The report will explain how you can start the process. Placing a 90-day fraud alert on your credit also gives you protection from any unauthorized applications. If you wait until the problem arises after the divorce, you're doing yourself a disfavor. It will cost you more in the long run to fix fraudulent and unauthorized credit then it will to put up the necessary protections to save you from this problem.
Consulting with a family law lawyer will save you significant problems down the road. West Palm beach based LaBovick Law Group offers free consultations, so please don’t hesitate to call if you need advice regarding credit problems after a divorce.