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Managing the Financial End When I Leave?

My name is on the mortgage and property it takes my income to pay mortgage & bills if I leave I will need that income to support myself, in that case my husband will no longer be able to pay the bills some of which are in my name, mortgage, utilities etc. how do i manage this without destroying my credit because on day 1 it will take my income to live independently of him.
by wildfire150   2 Posts 
Posted on 9/2/2008 11:18 PM
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Tags: mortgage , property , independently ,
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Answers for "Managing the Financial End When I Leave?"  (1) (You must be logged in to answer)

This was the advise from my attorney:  Your credit rating will go down but you will have an excuse. 

What I've done, I contacted all creditors and told them I do not have the property in my possession.  (Will it help, I don't know but it's been noted to every creditor.) 

I cancelled all services that are not necessary, phone line (land line), pest control, etc.  I called and took my name off all other utilities because I'm not in the house. 

So far, yes, I had to give an additional deposit on my apartment.  But I already have all my insurance and I've been at my current employer for 2+ years. 

 

Good luck. 

by purebredinip   1194 Posts
Posted on 9/3/2008 7:12 AM
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