Search Site
Sometimes setting yourself up for a successful divorce is just as much about not doing some things as it is about getting organized and accomplishing certain tasks.
With this in mind, here are a few things you should absolutely not do if you are preparing to get a divorce.
- Apply for new loans: It’s a very bad financial decision to apply for new loans, especially large ones, if a divorce is pending or in your immediate future. It can be difficult to determine exactly what your financial situation will look like until your divorce is finalized. You’re going to be losing an income, and may have new responsibilities with child support or alimony. It’s best to lay low, avoid spending a lot of money and do not take out any new debt until the dust has cleared and you know exactly where you stand financially.
- Attempt to conceal assets: You should always be forthright about all of your assets and finances. If you attempt to conceal assets, you could open yourself up to some significant penalties in your divorce judgment. It’s illegal and immoral.
- Keep the house for sentimental reasons: If you can legitimately afford to keep your house and it’s a wise investment, then by all means, keep it. But if you’re only holding on to it for sentimental reasons, this is a bad idea and could cripple your finances.
- Rest on your laurels: There’s a lot of prep work to do before the divorce process actually gets going. You need to get your finances and documents organized, get an inventory of your assets and get a divorce lawyer as soon as possible. The longer you wait to take care of these types of tasks, the harder it will be for you to find positive results in your case.
For more information about what to do (and what not to do) when you’re preparing for a divorce, contact an experienced Minnesota divorce lawyer at Appelhof, Pfeifer & Hart, P.A.
Our Attorneys
AWARDS & RECOGNITION
Contact us
