Andrew Rombach

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What Actually Happens to Your Debt After Divorce

Posted by Andrew Rombach
February 27, 2019 at 2:10 PM

Finances are the leading cause of stress in a relationship, and disagreements over debt—accumulating it, managing it, and getting it paid off—can lead to divorce. According to Bloomberg, the divorce rate has doubled among couples 50 or older, while among millennials, 61% of married women leave financial decisions to their husbands, which can cause lack of transparency and additional conflict later if the marriage ends.

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Topics: Getting In Financial Shape