How to Protect Yourself When Divorce Is Imminent

When divorce is imminent, it's important to be prepared. Start by gathering all pertinent paperwork, relating to joint finances and account information. Early preparation will ensure your rights are protected and your financial stability is preserved as much as possible.

Instructions

1. 

   Contact an attorney. Before your spouse formally files divorce papers, you may wish to talk to a lawyer to get a better idea of your rights and what the divorce process will entail. Ask as many questions as you need to and ask them to provide you with guidance in terms of any future actions as the process takes place.

2. 

   Get an individual bank account. If you and your spouse have a joint bank account, open a new account without your spouse's name on it. If you work outside the home, begin to deposit your paychecks in the new account.

3. 

   Organize your financial documents. After you or your spouse files for divorce, you may be asked to prepare a financial affidavit. Before the divorce commences, compile your past tax returns, pay stubs, credit card statements, and documentation of your mortgage and auto loans.

4. 

   Take an inventory of your property. Make a detailed list of both your personal property and items purchased with your spouse. This will make it easier to divide the property when you do separate.

5. 

   Keep a record of your children's expenses. You will need to provide a detailed account of your child's expenses so that the court may calculate child support payments, so keep receipts from clothing purchases, doctor visits, and school fees.

6. 

   Make a plan to pay joint debts. During the period when divorce is imminent, your communication with your spouse might be strained. However, to protect your credit rating, discuss your joint financial obligations and ensure that they are paid on time.

Tips & Warnings

• Talking with a counselor or therapist before you file for divorce can help you approach the legal and financial process more rationally.

• Contact the police and file for a restraining order immediately if your spouse becomes physically violent towards you or your children.

References

• Preparing For A Divorce
• Steps To Protect Yourself During Divorce