June 30, 2018

Divorced in Retirement? 20 Ways to Maintain Your Financial Independence

18. Check Your Credit

Although you can separate much of your financial life from your ex-spouse upon divorce, credit is not one of those areas. Any joint debt that you incurred with your spouse while married is still a joint responsibility of you both. In community property states, you might even be liable for the debt of your partner, even if you had no knowledge of it.

You’ll want to check your credit report to see the full extent of your debt obligations. If you intend to borrow on your own in the future, as a financially independent individual, it will be important to have a good credit score.

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